Exercises with stock options of Nokia Corporation

ESPOO, Finland, June 21, 2016 -- Based on Nokia Corporation's 2011 Stock Option Plan a total of 314 150 Nokia shares were subscribed for between January 1 and June 15, 2016. The subscription price was EUR 5.76 per share for 104 150 shares, EUR 2.18 per share for 78 000 shares, EUR 1.92 per share for 122 500 shares and EUR 1.86 per share for 9 500 shares. The total amount of the subscription price, EUR 1 022 814.00, will be recorded in the fund for invested non-restricted equity and, consequently, the share capital of the company does not increase.

The new shares carry all the shareholder rights as of the registration date June 21, 2016. The shares will commence trading in Nasdaq Helsinki (NOKIA) together with other Nokia shares as of June 22, 2016 and are expected to commence trading on Euronext Paris (NOKIA) as of June 23, 2016. Euronext Paris will publish a notice announcing the admission to trading on Euronext Paris of the new shares.

The amount of Nokia shares after registration of the shares in the Trade Register is 5 835 536 262 shares.

About Nokia
Nokia is a global leader in the technologies that connect people and things. Powered by the innovation of Nokia Bell Labs and Nokia Technologies, the company is at the forefront of creating and licensing the technologies that are increasingly at the heart of our connected lives.

With state-of-the-art software, hardware and services for any type of network, Nokia is uniquely positioned to help communication service providers, governments, and large enterprises deliver on the promise of 5G, the Cloud and the Internet of Things. www.nokia.com

Media Enquiries:
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Tel. +358 (0) 10 448 4900
Email: [email protected]

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