Share Capital

Nokia Corporation
16 December 1999


Nokia share capital reduced pursuant to the resolution
of the Extraordinary General Meeting

Reduction of the share capital of Nokia Corporation to
EUR 275,870,824.80 and 1,149,461,770 shares pursuant to the
resolution taken by the Extraordinary General Meeting on December
13, 1999 was registered by the Finnish Trade Register on December
16, 1999. The share capital was reduced by EUR 15,427,364.16
through cancellation of 64,280,684 Nokia shares received by the
Company.

Further information:

Nokia Corporate Communications
Tel. + 358 9 1807 485
Fax + 358 9 652 409
Email: [e-mail]

www.nokia.com