SHARE REPURCHASE 29.01.2007


Nokia Corporation	      ANNOUNCEMENT 29.01.2007


SHARE REPURCHASE 29.01.2007

In the Helsinki Stock Exchange



Trade date                    29.01.2007
Bourse Trade                  BUY
Share                         NOK1V
Amount                        630 000         shares  
Total cost                    10 444 136      EUR
Average price / share         16,5780         EUR
Highest price / share         16,67           EUR
Lowest price / share          16,52           EUR


Nokia Corporation now holds a total of 130 013 521 shares 
including the shares repurchased 29.01.2007.


On behalf of Nokia Corporation


ABN AMRO Bank N.V., Helsinki Branch


Janne Siik		Ari Kiuru