Exercises with stock options of Nokia Corporation

Corporate news announcement processed and transmitted by Hugin ASA.
The issuer is solely responsible for the content of this 
announcement. 
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Corporate news announcement processed and transmitted by Hugin ASA.
The issuer is solely responsible for the content of this 
announcement. 
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Espoo, Finland - A total of 416 661 shares of Nokia Corporation
("Nokia") were subscribed for between 3.3.2008 - 31.3.2008 based on
Nokia's 2003 and 2005 employee stock option plans. The total amount
of subscription prices will be recorded in the fund for invested
non-restricted equity.

The new shares will be recorded in the Trade Register on or about May
14, 2008. The new shares carry full shareholder rights as from the
registration date. The shares are admitted to public trading on the
Helsinki Exchanges as of the registration date together with the old
Nokia share class (NOK1V).

Media Enquiries:

Nokia
Communications
Tel. [phone]
E-mail: [e-mail]

www.nokia.com


 
--- End of Message ---

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;