August 7, 2015 at 08:30 (CET +1)

Exercises with stock options of Nokia Corporation

Espoo, Finland - Based on Nokia Corporation's 2011 Stock Option Plan a total of 23 908 Nokia shares were subscribed for between June 30 and August 3, 2015. The subscription price was EUR 5.76 per share for 8 908 shares and EUR 2.18 per share for 15 000 shares. The total amount of the subscription price, EUR 84 010.08, will be recorded in the fund for invested non-restricted equity and, consequently, the share capital of the company does not increase.

The total amount of Nokia shares after registration of the shares with the Trade Register is 3 678 362 141 shares. The new shares carry all the shareholder rights as of the registration date August 7, 2015. The shares are subject to trading on Nasdaq Helsinki together with other Nokia shares (NOK1V) as of August 7, 2015. As announced on August 5, 2015 Nokia is changing its stock symbol (trading code) on Nasdaq Helsinki from NOK1V to NOKIA, effective at the start of trading on Monday, August 10, 2015.