Changes in Nokia Corporation's own shares

Nokia Corporation Stock exchange release April 27, 2011 at 16.30 (CET +1) Espoo, Finland - Based on previously announced decisions of the Board of Directors to issue shares held by the Company, 28 494 Nokia shares (NOK1V) held by the Company are today transferred to participants of Nokia's equity-based incentive plans as settlement in accordance with the plan rules. About Nokia Nokia is committed to connecting people to what matters to them by combining advanced mobile technology with personalized services. More than 1.3 billion people connect to one another with a Nokia, from our most affordable voice- optimized mobile phones to advanced Internet-connected smartphones sold in virtually every market in the world. Through Ovi (www.ovi.com), people also enjoy access to maps and navigation on mobile, a rapidly expanding applications store, a growing catalog of digital music, free email and more. Nokia's NAVTEQ is a leader in comprehensive digital mapping and navigation services, and Nokia Siemens Networks is one of the leading providers of telecommunications infrastructure hardware, software and professional services globally. Media Enquiries: Nokia Communications Tel. +358 7180 34900 Email: press.services@nokia.com www.nokia.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: NOKIA via Thomson Reuters ONE [HUG#1509529]

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