RNS Number:8609A
Nokia Corporation
21 March 2001


NOKIA                      PRESS RELEASE     March 21, 2001

Jorma Ollila continues as Chairman of the Nokia Board of
Directors, Paul J. Collins as Vice Chairman

At its assembly meeting, Nokia's Board of Directors re-elected CEO
Jorma Ollila to chair the Board. Paul J. Collins was re-elected
Vice Chairman of the Board.

The Board of Directors also elected the members to the Committees
of the Board. Paul J. Collins (Chairman), Bengt Holmstrom,
Marjorie Scardino and Vesa Vainio were elected to the Personnel
Committee. Robert F.W. van Oordt (Chairman), Georg Ehrnrooth and
Arne Wessberg were elected to the Audit Committee. Paul J. Collins
(Chairman), Bengt Holmstrom and Vesa Vainio were elected to the
Nomination Committee.


Further information:

Nokia Corporate Communications
Tel. +358 (0) 7180 34424
Fax +358 (0) 7180 38226
E-mail communications.corporate@nokia.com

www.nokia.com
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