Nokia Corporation ANNOUNCEMENT 07.05.2007 SHARE REPURCHASE 07.05.2007 In the Helsinki Stock Exchange Trade date 07.05.2007 Bourse trade BUY Share NOK1V Amount 1 940 000 shares Total cost 36 097 192 EUR Average price / share 18.6068 EUR Highest price / share 18.73 EUR Lowest price / share 18.49 EUR Nokia Corporation now holds 6 795 158 shares including the shares repurchased on 07.05.2007 On behalf of Nokia Corporation Cr�dit Agricole Cheuvreux Nordic AB Bj�rn Sandberg Michael Bernander