SHARE REPURCHASE 21.03.2007


Nokia Corporation        ANNOUNCEMENT   21.03.2007


SHARE REPURCHASE 21.03.2007

In the Helsinki Stock Exchange

Trade date                      21.03.2007
Bourse trade                    BUY	
Share                           NOK1V
Amount                          1 160 000  shares
Total cost                      19 456 332 EUR
Average price / share           16.7727    EUR
Highest price / share           16.87      EUR
Lowest price / share            16.60      EUR


Nokia Corporation now holds 171 233 521 shares
including the shares repurchased on 21.03.2007	




On behalf of Nokia Corporation	

Crédit Agricole Cheuvreux Nordic AB	

Björn Sandberg                  Patrik Björk