SHARE REPURCHASES 16.6.2008


Nokia Corporation       ANNOUNCEMENT     16.6.2008


SHARE REPURCHASES  16.6.2008

In the Helsinki Stock Exchange

Trade date              16.6.2008
Bourse trade            BUY
Share                   NOK1V
Amount                  2.380.000      shares
Total cost              39.905.368,65  EUR
Average price/ share    16,7670        EUR
Highest price/ share    17,05          EUR
Lowest price/ share     16,45          EUR



Nokia Corporation now holds a total of 82.813.890 shares
including the shares repurchased on 16.6.2008.


On behalf of Nokia Corporation

Nordea Bank Finland Plc

Petri Simberg          Julius Summanen