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Nokia Corporation stock exchange release

Networks & Network Services
Based on Nokia's 2003 and 2005 employee stock option plans, 266 866 shares of Nokia Corporation were subscribed for between 29 July 2008 and 25 August 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, 29 August 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 3 800 835 514, including the shares held by the company.