Exercises with stock options of Nokia Corporation


Nokia Corporation                                                               
Stock exchange release                                                          
June 4, 2008 at 9.30 (CET+1) 

Exercises with stock options of Nokia Corporation                               

A total of  136 825 shares of Nokia Corporation were subscribed for between May 
8, 2008 and May 30, 2008 based on Nokia's 2003 and 2005 employee stock option   
plans. The total amount of subscription prices will be recorded in the fund for 
invested non-restricted equity.                                                 

The new shares will be recorded in the Trade Register on or about July 4, 2008. 
The new shares carry full shareholder rights as from the registration date. The 
shares are admitted to public trading on the OMX Nordic Exchange Helsinki as of 
the registration date together with the old Nokia share class (NOK1V).          

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