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Nokia Corporation
9 January 2001


Nokia sold more than 128 million phones in 2000
exceeding market growth

Growth in Nokia's mobile phone sales continued to exceed
market growth in 2000 as a whole and in the fourth quarter.
Overall, Nokia sold more than 128 million mobile phones in
the year 2000, representing 64% growth from the year before.
In 1999, Nokia sold 78.5 million units worldwide.

According to Nokia's preliminary estimates, global mobile
phone market volume in the year 2000 was approximately 405
million units, representing a 45% increase from the previous
year. Market volume for 1999 was estimated at approximately
280 million units.

Nokia's preliminary market estimates indicate that the global
mobile phone subscriber base had climbed above 700 million
users by the end of the year 2000, representing global
penetration of approximately 12%.

Nokia intends to release its fourth quarter and full-year
results on January 30.


Nokia
Corporate Communications
Tel. + 358 9 1807 424
Fax  +358 9  652  409
Email: communications.corporate@nokia.com

www.nokia.com

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