Board's resolution to issue shares held by the ...

Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this 
announcement. 
----------------------------------------------------------------------
--------------    




Nokia Corporation
Stock exchange release
October 22, 2008 at 13.15 (CET+1)

Espoo, Finland - The Nokia Board of Directors has resolved to issue 2
110 000 Nokia shares (NOK1V) held by the Company as settlement under
the Nokia's equity based incentive plans to the plan participants.

Based on the above decision and previously announced decisions of the
Board of Directors to issue shares held by the Company, 1 367 176
Nokia shares held by the Company are today transferred to
participants of Nokia's equity based incentive plans as settlement
under the plans.

Media Enquiries:

Nokia
Communications
Tel. [phone]
Email: [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;