SHARE REPURCHASE 29.05.2007


Nokia Corporation        ANNOUNCEMENT   29.05.2007


SHARE REPURCHASE 29.05.2007

In the Helsinki Stock Exchange

Trade date                      29.05.2007
Bourse trade                    BUY	
Share                           NOK1V
Amount                          1 310 000  shares
Total cost                      25 965 379 EUR
Average price / share           19.8209    EUR
Highest price / share           19.90      EUR
Lowest price / share            19.74      EUR


Nokia Corporation now holds 26 626 398 shares
including the shares repurchased on 29.05.2007	




On behalf of Nokia Corporation	

Crédit Agricole Cheuvreux Nordic AB	

Björn Sandberg                  Michael Bernander