SHARE REPURCHASES 21.7.2008


Nokia Corporation       ANNOUNCEMENT     21.7.2008


SHARE REPURCHASES 21.7.2008

In the Helsinki Stock Exchange

Trade date              21.7.2008
Bourse trade            BUY
Share                   NOK1V
Amount                  730.000        shares
Total cost              12.710.450,87  EUR
Average price/ share    17,4116        EUR
Highest price/ share    17,54          EUR
Lowest price/ share     17,25          EUR



Nokia Corporation now holds a total of 91.652.616 shares
including the shares repurchased on 21.7.2008.


On behalf of Nokia Corporation

Nordea Bank Finland Plc

Petri Simberg          Julius Summanen