SHARE REPURCHASE 08.05.2007


Nokia Corporation        ANNOUNCEMENT   08.05.2007


SHARE REPURCHASE 08.05.2007

In the Helsinki Stock Exchange

Trade date                      08.05.2007
Bourse trade                    BUY	
Share                           NOK1V
Amount                          2 000 000  shares
Total cost                      36 778 400 EUR
Average price / share           18.3892    EUR
Highest price / share           18.45      EUR
Lowest price / share            18.35      EUR


Nokia Corporation now holds 8 795 158 shares
including the shares repurchased on 08.05.2007	




On behalf of Nokia Corporation	

Cr�dit Agricole Cheuvreux Nordic AB	

Bj�rn Sandberg                  Michael Bernander