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Exercises With Stock Options of Nokia Corporation

ESPOO, Finland, July 6 /PRNewswire-FirstCall/ -- A total of 959 931
shares of Nokia Corporation (NYSE: NOK) ("Nokia") were subscribed for
between 5.6.2007 - 2.7.2007 based on Nokia's 2001, 2003 and 2005 employee stock option plans. The total amount of subscription prices, EUR 13 693
901.23, is recorded in the fund for invested non-restricted equity. The new
shares carry full shareholder rights as from the registration date July 6,
2007. The shares are admitted to public trading on the Helsinki Exchanges
as of the same date together with the old Nokia share class (NOK1V).

After the registration, the total number of shares is 3 931 732 067
including the shares held by the company.

http://www.nokia.com

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