SHARE REPURCHASES 22.05.2007


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