SHARE REPURCHASE 26.01.2007


Nokia Corporation	      ANNOUNCEMENT 26.01.2007


SHARE REPURCHASE 26.01.2007

In the Helsinki Stock Exchange



Trade date                    26.01.2007
Bourse Trade                  BUY
Share                         NOK1V
Amount                        660 000         shares  
Total cost                    10 900 500      EUR
Average price / share         16,5159         EUR
Highest price / share         16,66           EUR
Lowest price / share          16,38           EUR


Nokia Corporation now holds a total of 129 383 521 shares 
including the shares repurchased 26.01.2007.


On behalf of Nokia Corporation


ABN AMRO Bank N.V., Helsinki Branch


Janne Siik		Ari Kiuru