SHARE REPURCHASES 14/08/2007


Nokia Corporation                         ANNOUNCEMENT         14/08/2007  
                                                                           
SHARE REPURCHASES                         14/08/2007          
                                                                           
In the Helsinki Stock Exchange          
                                                                           
Trade date                                14/08/2007          
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    880.000 shares      
Total cost                                19.710.768,00 EUR         
Average price / share                     22,3986 EUR         
Highest price / share                     22,52 EUR         
Lowest price / share                      22,26 EUR         
                                                              
Nokia Corporation now holds               60.986.839 shares      
including the shares repurchased on       14/08/2007          
                                                                           
On behalf of Nokia Corporation          
                                                                           
Deutsche Bank AG                        
                                                                           
                                                                           
Juha Pomell                               Carl Hemmestad