Exercises with stock options of Nokia Corporation

Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- -------------- Nokia Corporation Stock exchange release August 1, 2008 at 9.45 (CET +1) Espoo, Finland - Based on Nokia's 2003 and 2005 employee stock option plans, 153 238 shares of Nokia Corporation were subscribed for between July 1, 2008 and July 28, 2008. The total amount of subscription prices will be recorded in the fund for invested non-restricted equity. The new shares carry full shareholder rights as from the registration date, August 1, 2008. 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). After the registration, the total number of shares is 3 800 568 648, including the shares held by the company. Media Enquiries: Nokia Oyj Communications Tel. +358 7180 34900 Email: press.services@nokia.com www.nokia.com --- End of Message --- NOKIA P.O. Box 226
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;