Exercises with stock options of Nokia Corporation


A total of 1 392 403 shares of Nokia Corporation ("Nokia") were subscribed for  
between 25.9.2007 - 29.10.2007 based on Nokia's 2001, 2003 and 2005 employee    
stock option plans. The total amount of subscription prices, EUR 20 699 862.40, 
is recorded in the fund for invested non-restricted equity. The new shares carry
full shareholder rights as from the registration date November 2, 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 3 936 934 428 including   
the shares held by the company.                                                 

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