Telenor and Nokia cooperate on bringing mobile ...

Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- -------------- Fornebu, Norway and Espoo, Finland - Telenor and Nokia today announced cooperation on mobile services to accelerate the adoption of new Internet services on the Ovi services platform provided by Nokia. The agreement will enable Telenor customers to experience one of the best Internet services on their devices in the simplest way. The Telenor and Ovi services will be offered to Telenor customers in Norway, Sweden and Denmark as well as in Hungary. As part of the collaboration, specific Nokia devices will be customized to provide easy access to both companies' selected services, such as Nokia Maps, N-Gage and Telenor Music Store and Mobile TV, with more exciting services to follow. The services will be launched during the second half of 2008 across a wide range of devices. Nokia and Telenor have also agreed on business models and further collaboration on mobile Internet services to reinforce the two companies' leadership positions in the market. "Our ambition is to be a leading operator providing new and user-friendly services accessible on mobile devices. The agreement with Nokia is the beginning of an exciting collaboration where we will extensively deploy the capabilities of our high-speed third generation mobile network," said Morten Karlsen Soerby, Executive Vice President and Head of Telenor Nordic. "We are pleased to announce this cooperation with Telenor and strongly believe that it will lead the way in the Scandinavian market in integrating devices and services together. Openness is at the core of the Ovi environment and we are constantly looking for new ways to offer consumers a great variety of experiences that they can choose from according to their own preferences," said Timo Ihamuotila, Executive Vice President of Sales, Nokia. About Telenor Telenor is one of Norway's largest listed companies, with revenues of NOK 105 billion in 2007 (including Kyivstar). Telenor has more than 35 800 employees, with 25 600 outside Norway. Telenor leads the market in Norway within telecommunications, data services and media distribution and has extensive international operations, especially within mobile communication. Telenor is listed on Oslo Børs. Read more about Telenor at www.telenor.com About Nokia Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. We make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Developing and growing our offering of consumer Internet services, as well as our enterprise solutions and software, is a key area of focus. We also provide equipment, solutions and services for communications networks through Nokia Siemens Networks. Media Enquiries: Nokia, Markets Communications Liisa Nyyssönen Tel. +358 7180 34564 Email: liisa.nyyssonen@nokia.com Nokia Communications Tel. +358 7180 34900 Email: press.services@nokia.com Telenor Elisabeth Evjen Tel. +47 41 27 00 00 Email: elisabeth.evjen@telenor.com 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;

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