SHARE REPURCHASES 1.8.2008


Nokia Corporation       ANNOUNCEMENT     1.8.2008


SHARE REPURCHASES 1.8.2008

In the Helsinki Stock Exchange

Trade date              1.8.2008
Bourse trade            BUY
Share                   NOK1V
Amount                  805.000        shares
Total cost              14.083.502,62  EUR
Average price/ share    17,4950        EUR
Highest price/ share    17,66          EUR
Lowest price/ share     17,20          EUR



Nokia Corporation now holds a total of 101.797.616 shares
including the shares repurchased on 1.8.2008.


On behalf of Nokia Corporation

Nordea Bank Finland Plc

Petri Simberg          Julius Summanen