Ad hoc: NOKIA: Notification under Chapter 2, Section 10 of the Finnish Securities Market Act: holdings of Deutsche Bank AG in Nokia Corporation

Espoo, Finland - According to information received by Nokia Corporation, the holdings (shares and related financial instruments) of Deutsche Bank AG exceeded 5 % of the share capital of Nokia on November 14, 2007, and represented less than 5 % on November 15, 2007. Deutsche Bank AG is a financial institution domiciled in Frankfurt, Germany. On November 14, 2007, the holdings of Deutsche Bank and its controlled undertakings, acting as fund managers on behalf of a number of clients, in Nokia comprising both shares and related financial instruments amounted to a total of 199 604 120 Nokia shares, corresponding to approximately 5.07 % of the share capital of Nokia, and on November 15, 2007, its holdings represented less than 5 % of the share capital of Nokia. Media Enquiries: Nokia Communications Tel. +358 7180 34900 E-mail: --- End of Message --- NOKIA WKN: 870737; ISIN: FI0009000681; Listed: General Standard in Frankfurter Wertpapierbörse, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover, Freiverkehr in Börse Stuttgart, Amtlicher Markt in Frankfurter Wertpapierbörse;