Nokia officially starts the development of its manufacturing facility in Vietnam

Reaffirming long-term commitment to the country and the company´s strategy to
connect the next billion to information and the Internet

Bac Ninh, Vietnam - In an official ceremony today, Nokia kicked-off the
development of its manufacturing facility in Vietnam, to serve the growing
demand for mobile phones all over the world. The event featured Secretary of the
Central Party Committee, Vice President of the National Assembly of Vietnam,
Madam Nguyen Thi Kim Ngan; Minister of the Ministry of Science and Technology
Vietnam, Mr. Nguyen Quan; Ambassador of Finland to Vietnam, Kimmo Lähdevirta;
and high ranking officials from Central authorities and Bac Ninh province
amongst more than 200 others.

Located in Vietnam-Singapore Industrial Park (VSIP) in Bac Ninh province, the
Nokia Vietnam manufacturing facility is being developed on an area of 17
hectares. Nokia expects to start the operations of this factory in early 2013.

Today´s event is one step further in reaffirming Nokia´s long term commitment to
the Vietnam market, under Nokia´s strategy to connect the next billion people to
information and the Internet.

Nokia´s position in high growth economies is strong, and mobile phones play a
strategic role. The new manufacturing site is being established to meet the
growth in demand for these phones, as well as to help Nokia to deliver a
contemporary mobile experience to the next billion consumers all over the world.

"We highly appreciate Nokia´s efforts in making this commitment a reality, which
contributes to the growth of foreign investment in Vietnam in general and in Bac
Ninh in particular. We also hope this will bring up not only economic value, but
also other social benefits for the country like job creation and community
knowledge enhancement on information technology alike, " said Mr. Nguyen Nhân
Chien, President of People´s Committee of Bac Ninh province.

Mary McDowell, Executive Vice President, Mobile Phones, Nokia, said: "Thanks to
the valued support from the Vietnamese government, our manufacturing program in
Vietnam has been progressing well. The new Nokia manufacturing plant will
produce and provide new devices for compelling and affordable, localized mobile
experiences, particularly in the growth markets.

"Nokia is also committed to extending our positive reputation as an employer and
as a corporate citizen. We expect to attract competent and energetic employees
from the local skilled labor force. And in turn, employees at our new factory
can expect a state-of-the-art facility and a positive, modern working
environment with high professional and ethical standards, " continued McDowell.