SHARE REPURCHASES 18.7.2008


Nokia Corporation       ANNOUNCEMENT     18.7.2008


SHARE REPURCHASES  18.7.2008

In the Helsinki Stock Exchange

Trade date              18.7.2008
Bourse trade            BUY
Share                   NOK1V
Amount                  770.000        shares
Total cost              13.316.781,77  EUR
Average price/ share    17,2945        EUR
Highest price/ share    17,45          EUR
Lowest price/ share     17,09          EUR



Nokia Corporation now holds a total of 90.933.890 shares
including the shares repurchased on 18.7.2008.


On behalf of Nokia Corporation

Nordea Bank Finland Plc

Petri Simberg          Julius Summanen