Nokia Corporation ANNOUNCEMENT 11.05.2007 SHARE REPURCHASE 11.05.2007 In the Helsinki Stock Exchange Trade date 11.05.2007 Bourse trade BUY Share NOK1V Amount 1 500 000 shares Total cost 27 460 950 EUR Average price / share 18.3073 EUR Highest price / share 18.48 EUR Lowest price / share 18.11 EUR Nokia Corporation now holds 14 335 158 shares including the shares repurchased on 11.05.2007 On behalf of Nokia Corporation Cr�dit Agricole Cheuvreux Nordic AB Bj�rn Sandberg Michael Bernander