SHARE REPURCHASE 31.10.2007


Nokia Corporation               ANNOUNCEMENT 31.10.2007


SHARE REPURCHASE 31.10.2007

In the Helsinki Stock Exchange



Trade date                      31.10.2007
Bourse Trade                    BUY
Share                           NOK1V
Amount                          770.000         shares  
Total cost                      20.983.507      EUR
Average price / share           27,2513         EUR
Highest price / share           27,37           EUR
Lowest price / share            27,03           EUR


Nokia Corporation now holds a total of 108.077.253 shares 
including the shares repurchased on 31.10.2007.

On behalf of Nokia Corporation


ABN AMRO Bank N.V., Helsinki Branch


Jari Villenheimo		Ari Kiuru