Nokia Names Mary T. McDowell

Nokia Corporation 24 November 2003 Nokia Names Mary T. McDowell to Head Enterprise Solutions Industry innovator to drive extended mobility to enterprise, joins Nokia Management Jorma Ollila, Chairman and CEO of Nokia, today announced the appointment of Mary T. McDowell as Senior Vice President and General Manager, Enterprise Solutions, and member of the Nokia Group Executive Board, as of January 1st, 2004. McDowell will oversee the Enterprise Solutions business group, which is focused on bringing the benefits of mobility to the enterprise market. In this role, McDowell will oversee Enterprise Solutions' business, which includes its mobile business devices range as well as security and mobile connectivity solutions specifically tailored for enterprise needs. 'Mary understands the strategic advantage mobility offers companies seeking a competitive edge,' says Jorma Ollila, Chairman and CEO of Nokia. 'Not only does Mary add a wealth of knowledge and experience in the enterprise space, she also brings an impressive track record of success in building new businesses, and outstanding communication and leadership skills. Equally important, Mary shares our passion for mobility and our vision of Connecting People. We warmly welcome her to the Nokia family.' Most recently, McDowell held the position of senior vice president of Strategy and Corporate Development at Hewlett Packard, where she was responsible for the overall strategic planning process for the US-based company. During her 17 years with Hewlett Packard-Compaq, McDowell has served for 5 years as Senior Vice President and General Manager of Industry-Standard Servers, a $7 billion business, and led its expansion into new technology areas as well as business model transformation. McDowell helped create and build this business, the world's largest server franchise, which has held number one market share in a highly competitive segment for over a decade. She joined Compaq as a systems engineer in 1986. In 2000, McDowell was named one of the Top 20 Women in Technology in Houston. She serves on the Board of Visitors for the College of Engineering at the University of Illinois. She holds a bachelor's degree in computer science from the College of Engineering at the University of Illinois. About Enterprise Solutions The target of Nokia's new business group, Nokia Enterprise Solutions, is the enterprise market. Bringing extended mobility to the enterprise is one of Nokia's three key strategies. The group focuses on mobile business devices and providing IP network perimeter security (firewalls and VPN), secure content management (anti-virus scanning and SPAM filtering), and mobile connectivity (remote access VPN and content) solutions designed to help companies mobilize their workforces and increase productivity while ensuring the security and reliability of their networks. The new business group combines various corporate activities of Nokia Mobile Phones and Nokia Ventures Organization into a single organizational entity. About Nokia Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and reliable solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed broadband and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges. Media Enquiries: Nokia Communications Tel: + 358 7180 34900 E-mail: press.office@nokia.com Nokia Communications, Enterprise Solutions Megan Matthews Tel: +1 972 894 4267 www.nokia.com This information is provided by RNS The company news service from the London Stock Exchange

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