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To: Moonray who wrote (29916)	4/23/1999 10:16:00 AM
From: Jeff R	Read Replies (1) \| Respond to of 45548

+1 1/16 right now...

To: Moonray who wrote (29916)	4/23/1999 10:41:00 AM
From: E_K_S	Read Replies (1) \| Respond to of 45548

Nokia raises some cash this AM..... (BSNS WIRE) Nokia Warrants Exercised for Share Subscription Nokia Warrants Exercised for Share Subscription Business Editors HELSINKI, Finland--(BUSINESS WIRE)--April 23, 1999--A total of 489,176 shares with the nominal value of EUR 0.24 were subscribed for after the previous increase in the share capital was registered on April 9, 1999. The shares were subscribed for with the warrants attached to the bond loans issued to the key personnel of Nokia. With the warrants of the 1994 bond loan 248,208 shares were subscribed for, with the warrants of the 1995 bond loan 50,000 shares and with the warrants of the 1997 bond loan 190,968 shares. The issue of these bond loans was approved by the Annual General Meetings of April 7, 1994, March 30, 1995 and March 25, 1997, respectively. The increase in the share capital, in total EUR 117,402.24 was registered in the Finnish Trade Register on April 23, 1999. As a result of the increase, the share capital of Nokia is now EUR 290,965,187.52 and the total number of shares is 1,212,354,948. Nokia received as additional shareholders' equity in total EUR 3,794,093.58. The holders of the new shares are entitled to all shareholders' rights from the registration date. The new shares will be listed at the Helsinki Exchanges together with the old shares on April 26, 1999. Listing of the shares will also be applied for at the Frankfurt, London, New York, Paris and Stockholm Stock Exchanges. The subscription for shares with the Nokia 1995 and 1996 bond loans with warrants began in December 1997 and with the Nokia 1994 bond loan with warrants in December 1998. --30--es/ny* CONTACT: Nokia Corporate Communications 358/9-1807-485 Fax: 358/9-652-409 www.nokia.com KEYWORD: NEW YORK INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *