Nokia - Changes in company's own shares

SHARE REPURCHASE 18.05.2007

Nokia Corporation        ANNOUNCEMENT   18.05.2007


SHARE REPURCHASE 18.05.2007

In the Helsinki Stock Exchange

Trade date                      18.05.2007
Bourse trade                    BUY	
Share                           NOK1V
Amount                          990 000  shares
Total cost                      19 725 552 EUR
Average price / share           19.9248  EUR
Highest price / share           20.03    EUR
Lowest price / share            19.67    EUR


Nokia Corporation now holds 16 486 398 shares
including the shares repurchased on 18.05.2007	




On behalf of Nokia Corporation	

Cr dit Agricole Cheuvreux Nordic AB	

Bj rn Sandberg                  Michael Bernander