Correction made in the English announcement. Average price/share corrected to 18.9074 from previously 18.9075 Nokia Corporation ANNOUNCEMENT 14.05.2007 SHARE REPURCHASE 14.05.2007 In the Helsinki Stock Exchange Trade date 14.05.2007 Bourse trade BUY Share NOK1V Amount 1 450 000 shares Total cost 27 415 730 EUR Average price / share 18.9074 EUR Highest price / share 19.36 EUR Lowest price / share 18.54 EUR Nokia Corporation now holds 15 785 158 shares including the shares repurchased on 14.05.2007 On behalf of Nokia Corporation Cr�dit Agricole Cheuvreux Nordic AB Bj�rn Sandberg Michael Bernander