Nokia Corporation ANNOUNCEMENT 05/05/2008 SHARE REPURCHASES 05/05/2008 In the Helsinki Stock Exchange Trade date 05/05/2008 Bourse trade Buy Share NOK1V Amount 2.650.000 shares Total cost 50.600.425,00 EUR Average price / share 19,0945 EUR Highest price / share 19,31 EUR Lowest price / share 18,97 EUR Nokia Corporation now holds 33.887.298 shares including the shares repurchased on 05/05/2008 On behalf of Nokia Corporation Deutsche Bank AG Juha Pomell Carl Hemmestad