Changes in Nokia Corporation's own shares

Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- -------------- Nokia Corporation Stock exchange release May 27, 2009 at 09.30 (CET+1) Espoo, Finland - Based on previously announced decisions of the Board of Directors to issue shares held by the Company, 4 238 462 Nokia shares (NOK1V) held by the Company are today transferred to approximately 10 000 participants of Nokia's equity-based incentive plans as settlement in accordance with the plan rules. The majority of the shares are delivered under the Nokia Performance Share Plan 2005. Media Enquiries: Nokia 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;