ESPOO, FINLAND--(Marketwire - Oct 12, 2012) - Nokia has completed its divestment of Vertu, the global leader in luxury mobile phones, to EQT VI. The transaction was originally announced on June 14, 2012. As part of the transaction, approximately 1,000 employees have transferred with Vertu. Nokia retains a 10% minority shareholding in Vertu.

About Nokia

Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia's technological and design innovations have made its brand one of the most recognized in the world. For more information, visit http://www.nokia.com/about-nokia

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Source: NOKIA via Thomson Reuters ONE

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