A total of 121,768 Nokia shares were subscribed for after the increase in the share capital registered on September 19, 2001. The shares were subscribed for with the warrants under the Nokia Stock Option Plans issued to the key personnel of Nokia. With the A and B warrants of the Nokia Stock Option Plan 1997, a total of 121,648 shares were subscribed for and with the A warrants of the Nokia Stock Option Plan 1999, a total of 120 shares. The Stock Option Plans were approved by the Annual General Meetings of March 25, 1997 and March 17, 1999, respectively.
The corresponding increase in the share capital, in total EUR 7,306.08 has been registered in the Finnish Trade Register on October 26, 2001. As a result of the increase, the share capital of Nokia is currently EUR 283,100,211.66 and the total number of shares is 4,718,336,861. Nokia received as additional shareholders' equity a total of EUR 394,597.47.
The holders of the new shares are entitled to all shareholders' rights from the registration date October 26, 2001. The new shares will be listed on the Helsinki Exchanges together with the other shares on October 29, 2001. Listing of the shares will also be applied for on the Frankfurt, London, New York, Paris and Stockholm Stock Exchanges.
The subscription period for the A warrants of the Nokia Stock Option Plan 1997 began in December 1997 and for the B warrants in November 1999. The subscription period for the A warrants of the Nokia Stock Option Plan 1999 began in April 2001. The A and B warrants of the Nokia Stock Option Plan 1997 are listed on the Helsinki Exchanges as one security, into which the C warrants of the same plan will be combined as additional lot. The additional lot, consisting of 4,750,000 options, will be listed on the Helsinki Exchanges together with the other warrants of the Nokia Stock Option Plan 1997 on November 1, 2001.
The subscription price of the 2001C 3Q/01 stock options under the Nokia Stock Option Plan 2001, i.e. the 2001C stock options which were granted to participants during the third quarter of 2001, was EUR 20.61. The said subscription price was determined on the basis of the trade volume based average price of the Nokia share on the Helsinki Exchanges from August 13 to 17, 2001.
Further information:
Nokia
Corporate Communications
tel. +358 7180 34459
fax. +358 7180 38226
www.nokia.com