Changes in Nokia Corporation's own shares

Nokia Corporation
Stock exchange release
July 18, 2012 at 14.05 (CET +1)
Espoo, Finland - Based on previously announced decisions of the Board of Directors to issue shares held by the Company, 9243 Nokia shares (NOK1V) held by the Company were today transferred to participants of Nokia's equity-based incentive plans as settlement in accordance with the plan rules.
About Nokia
Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia's technological and design innovations have made its brand one of the most recognized in the world. For more information, visit http://www.nokia.com/about-nokia.