Nokia - Divestments

During the past few years Nokia has been divesting businesses which have not a critical component to our vision of The Mobile World. This strategy has enabled Nokia to focus on shareholder value by concentrating on the core competencies and business areas where we see the most value added and the best growth opportunities.

Date	Divestiture Target	Nokia Business Division
November 5, 2007	3G chipset development Press Release Press Release	Nokia Corporation
March 18, 2005	Nextrom Holding Press Release	Nokia Corporation
September 5, 2005	Professional Mobile Radio business Press Release	Networks
March 18, 2005	Nextrom Holding Press Release	Nokia Corporation
August 30, 2001	Part of mobile core related R&D Press Release	Nokia Networks
March 13, 2001	Narrowband access products Press Release	Nokia Networks
June 13, 2000	Cabling and electromechanical units Press Release	Nokia Networks
January 17, 2000	Nokia Display Products' branded business Press Release	Nokia Display Products
January 10, 2000	Monitor manufacturing unit in Hungary Press Release	Nokia Display Products
November 1, 1999	SHD/DWDM business Press Release	Nokia Networks
October 1, 1999	Salcomp Oy Press Release	Nokia Communications Products
September 9, 1998	Mobile radios and printed circuit boards Press Release	Nokia Networks
August 7, 1998	LK-Products Oy Press Release	Nokia Mobile Phones
March 3, 1998	Autoliv Nokia AB Press Release	Nokia Industrial Electronics
December 23, 1997	Loudspeaker Operations Press Release	Nokia Industrial Electronics
February 7, 1997	Tuner Operations Press Release	Nokia Multimedia Network Terminals
July 17, 1996	Television production Press Release	Nokia General Communications Products
March 18, 1996	Cable Business / NKF Holding NV Press Release	Nokia Communications Products

NOTE: The information provided above represents the best available information at the time of posting and is not updated for subsequent events. In addition, some of the announced transactions may still at the time of disclosure and/or thereafter have been subject to certain conditions precedent, and stock price fluctuations or changes in the number of shares outstanding of the acquirer/acquiree after the time of disclosure or posting can have had an effect on realized ownership percentages, and/or purchase prices actually paid or received.