Exercises with stock options of Nokia Corporation

Helsinki, Finland - A total of 2 154 023 shares of Nokia Corporation ("Nokia") were subscribed for between 31.7.2007 - 3.9.2007 based on Nokia's 2001, 2003 and 2005 employee stock option plans. The total amount of subscription prices, EUR 31 688 726.39, is recorded in the fund for invested non-restricted equity. The new shares carry full shareholder rights as from the registration date September 7, 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 3 934 695 515 including the shares held by the company.


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