Agreement Signed

NOKIA CORPORATION 13 October 1999 1(2) Nokia and Omnitel sign EUR 425 million deal for the supply of Base Station technologies in Italy - Including the new Nokia UltraSite Omnitel, the second largest mobile operator in Europe, has signed a major expansion agreement worth approximately EUR 425 million with Nokia for the supply of new base station equipment in Italy. The contract is one of the largest ever network infrastructure deals for Nokia and includes the recently launched Nokia UltraSite site solution that offers a smooth migration path to EDGE and WCDMA services. Nokia will also supply its Nokia MetroSite high-capacity solution including MetroSite base stations, MetroHub and MetroHopper, the new 58 GHz cellular transmission equipment and new large capacity Base Station Controllers for Omnitel's nationwide network. 'Omnitel is pleased to continue co-operation with Nokia as a technology supplier as we move into the next millennium,' says Clint Cooper, Chief Technical Officer, Omnitel. 'Nokia's innovative UltraSite and high-capacity solutions are the answer to increasing demands that fast subscriber growth and higher data traffic will place on our GSM network in the coming years.' 'Nokia is proud to have played an important role in Omnitel's stunning success story. This is a significant deal for Nokia and further strengthens our partnership with Omnitel to enable them to meet the requirements of rapidly growing and demanding Italian market,' said Sari Baldauf, President, Nokia Networks. 'Nokia's UltraSite and MetroSite solutions give freedom and flexibility for operators to scale their network evolution according to demand.' The contract is the second signing for Nokia and Omnitel this quarter, following a recent EUR 170 million agreement for Nokia to supply the capacity migration and service level upgrade for Omnitel's switching network. The new Nokia UltraSite is a true multimedia-ready base station supporting high speed circuit switched data (HSCSD), General Packet Radio Service (GPRS), Enhanced Data Rates for Global Evolution (EDGE) and Wideband Code Division Multiple Access (WCDMA) services. To protect operators' current investments, the Nokia UltraSite Base Station can be installed as an upgrade to existing GSM base stations to increase site capacity, or to enhance network data capability. With Nokia EDGE and WCDMA transceivers, this solution will enable Mobile Multimedia applications such as videotelephony, infotainment, mobile Internet and intranet access. 2(2) Omnitel is the second largest mobile operator in Europe. It started its commercial service in December 1995 and during the first half of 1999 reached over 8 million customers. Omnitel bases its success on outstanding customer care and a great attention to innovation. Omnitel focuses on the market through two divisions dedicated to the personal market and to the corporate one, and now a special group of people will be committed to Omnitel 2000, the new strategic sector which combines speech recognition, WAP (wireless application protocol and Internet). The company has been a Nokia customer since December 1994. Omnitel employs over 6.000 people of which around 3.000 are dedicated to the customer care service. The GSM Omnitel network covers 96,1% of the landmass and 99,2% of the population. www.omnitel.it Nokia is paving the way to the mobile information society with its innovative products and solutions. Nokia is the leading mobile phone supplier and a leading supplier of mobile, fixed and IP networks including related services. It also supplies multimedia terminals and computer displays. In 1998, net sales totaled EUR 13.3 billion (USD 15.7 billion). Headquartered in Finland, Nokia is listed on the New York (NOK), Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges and employs more than 51 000 people. www.nokia.com Further information: Arja Suominen, Vice President, Communications, Nokia Networks Tel. (Int.) +358 9 5113 8193, Fax (Int.) +358 9 5113 8199

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