Blocklisting Interim Review

RNS Number:2536S
Nokia Corporation
9 October 2000

Letter to:  Company Announcements Office

Please find below Schedule 5, Block Listing six monthly return, for the period
of March 31, 2000 to September 30, 2000.  As a result thereof the balance under
scheme not yet issued/allotted at the end period is 116,646,288 shares which is
divided between various Nokia Stock Option Plans as follows:

Nokia Stock Option Plan 1995                  23,968,880
Nokia Stock Option Plan 1997                  92,677,408
Total                                        116,646,288

Please note that we have, in accordance with our telefax of April 6, 2000,
deleted the shares allotted to Nokia Stock Option Plan 1994 in the block as the
Plan came to an end on January 31, 2000.

Letter from:  Nokia Group Legal Department


                    BLOCKLISTING SIX MONTHLY REVIEW


1. NAME OF COMPANY:

NOKIA CORPORATION

2. NAME OF SCHEME:

STOCK OPTION PLANS 1995 AND 1997

3. PERIOD OF RETURN:     FROM:  MARCH 31, 2000   TO:  SEPTEMBER 30, 2000



4. NUMBER AND CLASS OF SHARES(S)
   (AMOUNT OF STOCK/DEBT SECURITY)
   NOT ISSUED UNDER SCHEME
   AT END OF THE LAST PERIOD:                   128,126,816



5. NUMBER OF SHARES ISSUED/ALLOTTED
   UNDER SCHEME DURING PERIOD:                  11,480,528



6. BALANCE UNDER SCHEME NOT YET ISSUED/ALLOTTED 
   AT END OF PERIOD:                            116,646,288



7. NUMBER AND CLASS OF SHARE(S) 
   (AMOUNT OF STOCK/DEBT SECURITIES) 
   ORIGINALLY LISTED AND THE DATE OF ADMISSION:
                                        PLAN      SHARES    DATE OF ADMISSION

                                        1995    92,800,000  DECEMBER 30, 1997
                                        1997   152,000,000  DECEMBER 30, 1997

                                       TOTAL   244,800,000


PLEASE CONFIRM TOTAL NUMBER OF SHARES IN ISSUE AT THE END OF THE PERIOD
IN ORDER FOR US TO UPDATE OUR RECORDS.
                                           4,688,475,923 SHARES
CONTACT FOR QUERIES

NAME:                           KAARINA STAHLBERG/RLLKKA HYNNINEN
TELEPHONE:                      [phone]/[phone]