US$900m Turkish GSM Network Expansion Contract

Nokia Corporation 12 June 2000 Nokia wins USD 900 million deal with Telsim in Turkey to deliver a full GSM network expansion - largest ever deal for Nokia Networks Nokia and Telsim, one of Turkey's leading mobile operators have announced a three year deal valued at approximately USD 900 million for the supply of a complete GSM expansion. The deal, which will position Telsim as a leader in the provision of future mobile services in Turkey, is the largest ever for Nokia Networks and marks one of the largest ever single GSM contracts. The agreement includes upgrading the Telsim GSM 900 mobile network with switching equipment, base stations, radio transmission, and Intelligent Network solutions to enhance services for a further 1.5 million prepaid customers, in one of the largest single IN contracts supplied by Nokia. Nokia has already supplied an Intelligent Network expansion to Telsim for almost 3 million prepaid subscribers.The Nokia NetAct network and service management solution will also be supplied and Nokia will begin equipment deliveries immediately1. 'We chose to have the continued addition of Nokia's state-of-the- art equipment in our network, as we expect the rapid growth of not only voice, but data services in the next two years. Telsim is on its way to become the leading GSM operator in Turkey with the support of quality Nokia Products and Services. ' said Enver Ibek, VP of the Executive Board of Telsim. 'This deal, the largest to date for Nokia Networks, illustrates our clear leadership in GSM, equipment. By 2001, we estimate the number of mobile subscribers in Turkey will be in excess of 15 million. Nokia's infrastructure, services and delivery capabilities combined with unique industry leading solutions can support current and next generation technologies in various combinations. This provides Telsim the flexibility to be ideally positioned to meet the voice and data capacity, quality of service and cost challenges of continued strong growth in the Turkish market,' said Pertti Melamies, Area Vice President, Nokia Networks. In this deal, Nokia will provide a full package of services covering Construction and Civil Works, Project Management, Network Implementation, Systems Integration, Removal Services, Network Optimisation and Enhancement Services, Operating Support Services, Emergency Service, training, as well as Hardware Services and Software Maintenance as well as the Nokia NMS/2000 Network Management System. Nokia has been present in theTurkish market since 1963 and has enjoyed a strong relationship with Telsim since 1994. Telsim, based in Istanbul, Turkey, was formed in 1994. It operates a GSM network in more than 79 provinces and 1,000 populated areas throughout Turkey, while offering subscribers added value services such as voice messaging, fax/data and short message service. As a result of a strong and innovative maketing campaign Telsim has added 1,2 million prepaid subscribers to its network in the last two months. Presently Telsim has 3 million subsribers in a fast growing market. For more information, visit the company's Web site at http://www.telsim.com.tr. Nokia is paving the way to the Mobile Information Society with its innovative products and solutions. The company is the leading mobile phone supplier and a leading supplier of mobile, fixed and IP networks, related services as well as multimedia terminals. In 1999, Nokia's net sales totaled EUR 19.8 billion (USD 19.9 billion). Headquartered in Finland, Nokia is listed on the New York (NOK), Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges and employs more than 56 000 people. Further information: Ms Arja Suominen, Vice President, Communications Nokia Networks Tel. (Int.) + 358 9 5113 8193 Fax (Int.) + 358 9 5113 8199 Email nokia.networks@nokia.com www.nokia.com Notes to Editors: Nokia NetAct is a framework for network and service management. Nokia NetAct is a modular solution that can handle more elements, larger networks, greater complexity and the explosive growth in traffic and data expected in 3G networks. As the technology evolution continues, Nokia NetAct will help operators and service providers migrate smoothly and make the most of new business opportunities on the Mobile Internet. Based on an open architecture and industry standards, Nokia NetAct brings more openness, efficiency, modularity and scalability to 3G management. With this technology-independent solution, operators and service providers can scale up new technologies with the same system that manages their current infrastructure.

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