Exercises with stock options of Nokia Corporation


Espoo, Finland - A total of 1 997 770 shares of Nokia Corporation ("Nokia") were
subscribed for between 3.5.2007 - 4.6.2007 based on Nokia's 2001, 2003 and 2005 
employee stock option plans. The total amount of subscription prices, 
EUR 28 554 011.46, is recorded in the fund for invested non-restricted equity. 
The new shares carry full shareholder rights as from the registration date 
June 8, 2007. The shares are admitted to public trading on the Helsinki 
Exchanges as of the same date together with the old Nokia share class (NOK1V). 
                                                                                
After the registration, the total number of shares is 3 930 772 136 including   
the shares held by the company.                                                 

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