SHARE REPURCHASES 27.5.2008


Nokia Corporation       ANNOUNCEMENT     27.5.2008


SHARE REPURCHASES  27.5.2008

In the Helsinki Stock Exchange

Trade date              27.5.2008
Bourse trade            BUY
Share                   NOK1V
Amount                  2.230.000      shares
Total cost              39.722.947,39  EUR
Average price/ share    17,8130        EUR
Highest price/ share    18,03          EUR
Lowest price/ share     17,61          EUR



Nokia Corporation now holds a total of 54.757.298 shares
including the shares repurchased on 27.5.2008.


On behalf of Nokia Corporation

Nordea Bank Finland Plc

Petri Simberg          Julius Summanen