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Exercises with stock options of Nokia Corporation


November 11, 2005, Espoo, Finland - A total of 5,185 shares of Nokia Corporation (“Nokia”) were subscribed for based on Nokia’s 2003 employee stock option plan. This resulted in an increase of EUR 311.10 in Nokia’s share capital and an increase of EUR 61,924.05 in shareholders equity. The new shares carry full shareholder rights as from the registration date, November 11, 2005. The shares are admitted to public trading on the Helsinki Exchanges as of the same date together with the old Nokia share class (NOK1V).

As a result of the increase, the share capital of Nokia is currently EUR 266,027,509.14 and the total number of shares is 4,433,791,819 including the shares that are held by the company.


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