Conversion of Nokia Corporation's Convertible Bond into shares of Nokia

Nokia Corporation
Stock Exchange Release
March 15, 2013 at 10.00 (CET +1)

Espoo, Finland - By using conversion right pertaining to Nokia's EUR 750 million Convertible Bond due 2017 38 290 shares of Nokia have been subscribed for. The conversion price is EUR 2.6116 per share. The conversion amount, EUR 100 000, is recorded in the fund for invested non-restricted equity and, consequently, the share capital of the company is not increased.

The amount of Nokia shares after registration of the shares into Trade Register is 3 744 994 342 shares. Each share carries one vote.

The new shares carry all the shareholder rights as of the registration date March 15, 2013. The shares are subject to trading in NASDAQ OMX Helsinki Oy together with other Nokia shares (NOK1V) as of March 18, 2013.

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.

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