Exercises with stock options of Nokia Corporation

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Nokia Corporation
Stock exchange release
August 1, 2008 at 9.45 (CET +1)

Espoo, Finland - Based on Nokia's 2003 and 2005 employee stock option
plans, 153 238 shares of Nokia Corporation were subscribed for
between July 1, 2008 and July 28, 2008. The total amount of
subscription prices will be recorded in the fund for invested
non-restricted equity.

The new shares carry full shareholder rights as from the registration
date, August 1, 2008. The shares are admitted to public trading on
the OMX Nordic Exchange Helsinki as of the registration date together
with the old Nokia share class (NOK1V).

 After the registration, the total number of shares is 3 800 568 648,
including the shares held by the company.


Media Enquiries:

Nokia Oyj
Communications
Tel. [phone]
Email: [e-mail]

www.nokia.com


 
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NOKIA
P.O. Box 226<br>FIN-00045 NOKIA GROUP   Espoo 

WKN: 870737; 
ISIN: FI0009000681; Index: DJ STOXX Large 200, DJ STOXX 50;
Listed: Nordic list (Large Cap) in THE HELSINKI STOCK EXCHANGE;