SHARE REPURCHASES 26/02/2008


Nokia Corporation                         ANNOUNCEMENT         26/02/2008  
                                                                           
SHARE REPURCHASES                         26/02/2008          
                                                                           
In the Helsinki Stock Exchange          
                                                                           
Trade date                                26/02/2008          
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    1.380.000 shares      
Total cost                                34.627.788,00 EUR         
Average price / share                     25,0926 EUR         
Highest price / share                     25,35 EUR         
Lowest price / share                      24,85 EUR         
                                                              
Nokia Corporation now holds               168.879.913 shares      
including the shares repurchased on       26/02/2008          
                                                                           
On behalf of Nokia Corporation          
                                                                           
Deutsche Bank AG                        
                                                                           
                                                                           
Juha Pomell                               Carl Hemmestad