Purchase of Own Securities

Nokia Corporation
2 March 2000


Share repurchase 1.3.2000

The Board of Directors of Nokia Corporation has resolved to re-
purchase a maximum of 2,000,000 Nokia shares from the market at
market price. The shares will be repurchased on the basis of
the authorization given by the Extraordinary General Meeting to
the Board on December 13, 1999, and they will be used to further
develop the capital structure of the Company, to finance business
acquisitions or other arrangements, to be disposed in other ways,
or to be cancelled.

Trade date                          01.03.2000
Bourse Trade                        BUY
Share                               NOK1V
Amount                              58.000 shares
Total cost                          11.949.624,00 EUR
Average price / share               206,03 EUR
Highest price / share               207,20 EUR
Lowest price / share                205,00 EUR

NOKIA CORPORATION holds 513.000 Nokia shares, including the amount
re-purchased today 01.03.2000.

On behalf of NOKIA CORPORATION

Alfred Berg Finland Oy

Robert Sergelius         Marco Granskog