Nokia Corporation ANNOUNCEMENT 21.5.2008 SHARE REPURCHASES 21.5.2008 In the Helsinki Stock Exchange Trade date 21.5.2008 Bourse trade BUY Share NOK1V Amount 2.120.000 shares Total cost 39.881.649,79 EUR Average price/ share 18,8121 EUR Highest price/ share 19,05 EUR Lowest price/ share 18,67 EUR Nokia Corporation now holds a total of 46.017.298 shares including the shares repurchased on 21.5.2008. On behalf of Nokia Corporation Nordea Bank Finland Plc Petri Simberg Julius Summanen