SHARE REPURCHASES 18.12.2007


Nokia Corporation                         ANNOUNCEMENT         18.12.2007  
                                                                           
SHARE REPURCHASES                         18.12.2007          
                                                                           
In the Helsinki Stock Exchange          
                                                                           
Trade date                                18.12.2007          
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    840.000 shares      
Total cost                                21.131.796,00 EUR         
Average price / share                     25,1569 EUR         
Highest price / share                     25,40 EUR         
Lowest price / share                      24,88 EUR         
                                                              
Nokia Corporation now holds               134.187.253 shares      
including the shares repurchased on       18.12.2007          
                                                                           
On behalf of Nokia Corporation          
                                                                           
Deutsche Bank AG                        
                                                                           
                                                                           
Juha Pomell                               Carl Hemmestad