SHARE REPURCHASE 16.02.2007


 Nokia Corporation                   ANNOUNCEMENT     16.02.2007 
                                                                 
                                                                 
 SHARE REPURCHASE                    16.02.2007                  
                                                                 
 In the Helsinki Stock Exchange                                  
                                                                 
 Trade date                          16.02.2007                  
 Bourse trade                        BUY                         
 Share                               NOK1V                       
 Amount                              590 000          shares     
 Total cost                          10 329 720       EUR        
 Average price / share               17.5080          EUR        
 Highest price / share               17.70            EUR        
 Lowest price / share                17.35            EUR        
                                                                 
                                                                 
 Nokia Corporation now holds         144 703 521      shares     
 including the shares repurchased on 16.02.2007                  
                                                                 
                                                                 
                                                                 
                                                                 
 On behalf of Nokia Corporation                                  
                                                                 
 Crédit Agricole Cheuvreux Nordic AB                             
                                                                 
 Björn Sandberg                      Patrik Björk