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Notice pursuant to the Securities Market Act, chapter 2, section 10: holdings of Janus Capital Corporation in Nokia Corporation below 5 %
July 26, 2001



According to information received by Nokia Corporation, the holdings of Janus Capital Corporation is below 5 % of the total voting rights and share capital of Nokia.

Janus Capital Corporation is an investment adviser registered under the US Investment Advisers Act of 1940. As of July 20, 2001 it holds through its clients a total of 222.461.008 Nokia shares, consisting of both ADRs and ordinary shares. The holdings of Janus Capital Corporation corresponds to 4.73 % of the total voting rights and share capital of Nokia.

Further information:

Nokia Corporate Communications
Tel. +358 7180 34459
Fax +358 7180 38226
Email communications. corporate@nokia.com

www.nokia.com


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