Nokia Corporation ANNOUNCEMENT 22.05.2007 SHARE REPURCHASES 22.05.2007 In the Helsinki Stock Exchange Trade Date 22.05.2007 Bourse Trade BUY Share NOK1V Amount 960,000 Shares Total cost 19,067,904.00 EUR Average Price / share 19.8624 EUR Highest Price / share 20.05 EUR Lowest Price / share 19.73 EUR Nokia Corporation now holds a total of 18,406,398 shares including the Shares repurchased on 22.05.2007 On behalf of Nokia Corporation Goldman Sachs International Peter Sjontoft Matthew Welstead