Nokia Corporation ANNOUNCEMENT 20.5.2008 SHARE REPURCHASES 20.5.2008 In the Helsinki Stock Exchange Trade date 20.5.2008 Bourse trade BUY Share NOK1V Amount 2.060.000 shares Total cost 39.225.770,15 EUR Average price/ share 19,0416 EUR Highest price/ share 19,27 EUR Lowest price/ share 18,75 EUR Nokia Corporation now holds a total of 43.897.298 shares including the shares repurchased on 20.05.2008. On behalf of Nokia Corporation Nordea Bank Finland Plc Petri Simberg Julius Summanen