Nokia Corporation ANNOUNCEMENT 7.5.2008 SHARE REPURCHASES 7.5.2008 In the Helsinki Stock Exchange Trade date 7.5.2008 Bourse trade Buy Share NOK1V Amount 1.610.000 shares Total cost 31.318.847,00 EUR Average price / share 19,4527 EUR Highest price / share 19,63 EUR Lowest price / share 19,03 EUR Nokia Corporation now holds 37.497.298 shares including the shares repurchased on 7.5.2008 On behalf of Nokia Corporation Deutsche Bank AG Juha Pomell Carl Hemmestad