SHARE REPURCHASE 20.03.2007


Nokia Corporation        ANNOUNCEMENT   20.03.2007


SHARE REPURCHASE 20.03.2007

In the Helsinki Stock Exchange

Trade date                      20.03.2007
Bourse trade                    BUY	
Share                           NOK1V
Amount                          620 000    shares
Total cost                      10 251 328 EUR
Average price / share           16.5344    EUR
Highest price / share           16.69      EUR
Lowest price / share            16.41      EUR


Nokia Corporation now holds 170 073 521 shares
including the shares repurchased on 20.03.2007	




On behalf of Nokia Corporation	

Crédit Agricole Cheuvreux Nordic AB	

Björn Sandberg                  Patrik Björk