SHARE REPURCHASE 31.08.2007


Nokia Corporation               ANNOUNCEMENT 31.08.2007


SHARE REPURCHASE 31.08.2007

In the Helsinki Stock Exchange



Trade date                      31.08.2007
Bourse Trade                    BUY
Share                           NOK1V
Amount                          880.000         shares  
Total cost                      21.193.680      EUR
Average price / share           24,0837         EUR
Highest price / share           24,27           EUR
Lowest price / share            23,81           EUR


Nokia Corporation now holds a total of 77.556.839 shares 
including the shares repurchased on 31.08.2007.

On behalf of Nokia Corporation


ABN AMRO Bank N.V., Helsinki Branch


Jari Villenheimo		Ari Kiuru