Nokia Corporation Stock exchange release August 29, 2008 at 9.45 (CET +1) Exercises with stock options of Nokia Corporation Based on Nokia's 2003 and 2005 employee stock option plans, 266 866 shares of Nokia Corporation were subscribed for between July 29, 2008 and August 25, 2008. The total amount of subscription prices will be recorded in the fund for invested non-restricted equity. The new shares carry full shareholder rights as from the registration date, August 29, 2008. The shares are admitted to public trading on the OMX Nordic Exchange Helsinki as of the registration date together with the old Nokia share class (NOK1V). After the registration, the total number of shares is 3 800 835 514, including the shares held by the company. Media Enquiries: Nokia Communications Tel. +358 7180 34900 Email: press.services@nokia.com www.nokia.com