SHARE REPURCHASES 5.8.2008


Nokia Corporation       ANNOUNCEMENT     5.8.2008                               


SHARE REPURCHASES 5.8.2008                                                      

In the Helsinki Stock Exchange                                                  

Trade date              5.8.2008                                                
Bourse trade            BUY                                                     
Share                   NOK1V                                                   
Amount                  550.000        shares                                   
Total cost              9.812.001,32   EUR                                      
Average price/ share    17,8400        EUR                                      
Highest price/ share    17,97          EUR                                      
Lowest price/ share     17,58          EUR                                      



Nokia Corporation now holds a total of 103.207.616 shares                       
including the shares repurchased on 5.8.2008.                                   


On behalf of Nokia Corporation                                                  

Nordea Bank Finland Plc                                                         

Petri Simberg          Julius Summanen