CORRECTION: SHARE REPURCHASE 14.05.2007


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