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Nokia Announces Product Advisory for BL-5C Battery

    ESPOO, Finland, August 14 /PRNewswire-FirstCall/ -- Nokia (NYSE: NOK)
today issued a product advisory for the Nokia-branded BL-5C battery
manufactured by Matsushita Battery Industrial Co., Ltd. of Japan between
December 2005 and November 2006. This product advisory does not apply to
any other Nokia-branded battery.
    Nokia has identified that in very rare cases the Nokia-branded BL-5C
batteries subject to the product advisory could potentially experience
overheating initiated by a short circuit while charging, causing the
battery to dislodge. Nokia is working closely with Matsushita and will be
cooperating with relevant authorities to investigate this situation.
    Nokia has several suppliers for BL-5C batteries who have collectively
produced more than 300 million BL-5C batteries. This advisory applies only
to the 46 million batteries manufactured by Matsushita between December
2005 and November 2006, from which there have been approximately 100
incidents of overheating reported globally. No serious injuries or property
damage have been reported.
    Consumers with a BL-5C battery subject to this advisory should note
that all of the approximately 100 incidents have occurred while charging
the battery. According to Nokia's knowledge this issue does not affect any
other use of the mobile device.
    While the occurrences in the BL-5C batteries produced by Matsushita in
the time-period specified are very rare, concerned consumers can request a
replacement for any BL-5C battery subject to this product advisory.
    It is important to note that the BL-5C battery is not used in all Nokia
products and that only a portion of the Nokia BL-5C batteries in use are
subject to this advisory.
    How to identify a BL-5C battery manufactured by Matsushita during the
relevant period
    In order to determine if a battery is subject to this advisory, it is
necessary to remove the battery from the device. A Nokia battery will have
"Nokia" and "BL-5C" printed on the front of the battery. On the reverse,
the Nokia mark appears at the top and the battery identification number
(consisting of 26 characters) is found at the bottom. Consumers should
refer to this identification number to determine if their battery is among
the batteries manufactured by Matsushita between December 2005 and November
2006. A comparison of that number with those subject to this advisory will
determine a consumer's ability to obtain a replacement free of charge.
    Consumers should visit the website http://www.nokia.com/batteryreplacement or
contact their local Nokia call center.
    About the BL-5C battery
    The BL-5C is one of 14 different battery models used in Nokia products.
As with many of its components, Nokia has a multi-supplier strategy for
batteries, including the BL-5C. Matsushita is one of several suppliers
Nokia has for the BL-5C battery.
    A list of Nokia products that include the BL-5C battery is available at
http://www.nokia.com/batteryreplacement.
    About Nokia
    Nokia is the world leader in mobility, driving the transformation and
growth of the converging Internet and communications industries. Nokia
makes a wide range of mobile devices and provides people with experiences
in music, navigation, video, television, imaging, games and business
mobility through these devices. Nokia also provides equipment, solutions
and services for communications networks.
    Images of BL-5C battery are available here:
http://www.nokia.com/NOKIA_COM_1/Press/Press_Events/Launch13082007/vuygjbnh
g6 bvhjg/image58545123.jpg
    (Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field. Remove the
space if one exists.)
    Forward-Looking Statements
    It should be noted that certain statements herein which are not
historical facts, including, without limitation, those regarding: A) the
timing of product, service and solution deliveries; B) our ability to
develop, implement and commercialize new products, services, solutions and
technologies; C) expectations regarding market growth, developments and
structural changes; D) expectations regarding our mobile device volume
growth, market share, prices and margins; E) expectations and targets for
our results of operations; F) the outcome of pending and threatened
litigation; and G) statements preceded by "believe," "expect,"
"anticipate," "foresee," "target," "estimate," "designed," "plans," "will"
or similar expressions are forward-looking statements. These statements are
based on management's best assumptions and beliefs in light of the
information currently available to it. Because they involve risks and
uncertainties, actual results may differ materially from the results that
we currently expect. Factors that could cause these differences include,
but are not limited to: 1) competitiveness of our product portfolio; 2) our
ability to identify key market trends and to respond timely and
successfully to the needs of our customers; 3) the extent of the growth of
the mobile communications industry, as well as the growth and profitability
of the new market segments within that industry which we target; 4) the
availability of new products and services by network operators and other
market participants; 5) our ability to successfully manage costs; 6) the
intensity of competition in the mobile communications industry and our
ability to maintain or improve our market position and respond successfully
to changes in the competitive landscape; 7) the impact of changes in
technology and our ability to develop or otherwise acquire complex
technologies as required by the market, with full rights needed to use; 8)
timely and successful commercialization of complex technologies as new
advanced products, services and solutions; 9) our ability to protect the
complex technologies, which we or others develop or that we license, from
claims that we have infringed third parties' intellectual property rights,
as well as our unrestricted use on commercially acceptable terms of certain
technologies in our products, services and solution offerings; 10) our
ability to protect numerous Nokia patented, standardized, or proprietary
technologies from third party infringement or actions to invalidate the
intellectual property rights of these technologies; 11) our ability to
manage efficiently our manufacturing and logistics, as well as to ensure
the quality, safety, security and timely delivery of our products, services
and solutions; 12) inventory management risks resulting from shifts in
market demand; 13) our ability to source quality components and
sub-assemblies without interruption and at acceptable prices; 14) Nokia's
and Siemens' ability to successfully integrate the operations, personnel
and supporting activities of their respective businesses as a result of the
merger of Nokia's networks business and Siemens' carrier-related operations
for fixed and mobile networks forming Nokia Siemens Networks; 15) whether,
as a result of investigations into alleged violations of law by some
current or former employees of Siemens, government authorities or others
take actions against Siemens and/or its employees that may involve and
affect the carrier-related assets and employees transferred by Siemens to
Nokia Siemens Networks, or there may be undetected additional violations
that may have occurred prior to the transfer, or ongoing violations that
may occur after the transfer, of such assets and employees that could
result in additional actions by government authorities; 16) the expense,
time, attention and resources of Nokia Siemens Networks and our management
to detect, investigate and resolve any situations related to alleged
violations of law involving the assets and employees of Siemens
carrier-related operations transferred to Nokia Siemens Networks; 17) any
impairment of Nokia Siemens Networks customer relationships resulting from
the ongoing government investigations involving the Siemens carrier-related
operations transferred to Nokia Siemens Networks; 18) developments under
large, multi-year contracts or in relation to major customers; 19) general
economic conditions globally and, in particular, economic or political
turmoil in emerging market countries where we do business; 20) our success
in collaboration arrangements relating to development of technologies or
new products, services and solutions; 21) the success, financial condition
and performance of our collaboration partners, suppliers and customers; 22)
any disruption to information technology systems and networks that our
operations rely on; 23) exchange rate fluctuations, including, in
particular, fluctuations between the euro, which is our reporting currency,
and the US dollar, the Chinese yuan, the UK pound sterling and the Japanese
yen, as well as certain other currencies; 24) the management of our
customer financing exposure; 25) allegations of possible health risks from
electromagnetic fields generated by base stations and mobile devices and
lawsuits related to them, regardless of merit; 26) unfavorable outcome of
litigations; 27) our ability to recruit, retain and develop appropriately
skilled employees; and 28) the impact of changes in government policies,
laws or regulations; as well as the risk factors specified on pages 12-24
of the company's annual report on Form 20-F for the year ended December 31,
2006 under "Item 3.D Risk Factors." Other unknown or unpredictable factors
or underlying assumptions subsequently proving to be incorrect could cause
actual results to differ materially from those in the forward-looking
statements. Nokia does not undertake any obligation to update publicly or
revise forward-looking statements, whether as a result of new information,
future events or otherwise, except to the extent legally required.
    http://www.nokia.com


SOURCE Nokia




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