Nokia Gains Control of Alcatel-Lucent Through Successful Public Exchange Offer; To Hold Nearly 80% of ALU Outstanding Shares

The French stock market authority, Autorité des Marchés Financiers (the "AMF"), today published the interim results of the initial offer period of Nokia's

public exchange offer for Alcatel-Lucent securities in France and in the United States (the "Offer"), and has declared the Offer successful. Rajeev Suri, President and CEO of Nokia, said: "We are delighted that the Offer has been successful, and that Alcatel-Lucent's investors share our confidence in the future of the combined company. We will move quickly to combine the two companies and execute our integration plans. As of January 14, 2016, Nokia and Alcatel-Lucent will offer a combined end-to-end portfolio of the scope and scale to meet the needs of our global customers. We will have unparalleled R&D and innovation capabilities, which we will use to lead the world in creating next-generation technology and services." The interim results indicate that 2 052 812 101 outstanding Alcatel-Lucent ordinary shares, 264 183 778 American Depositary Shares ("ADSs"), 206 784 349 OCEANE 2018 convertible bonds, 37 880 652 OCEANE 2019 convertible bonds, and 16 138 206 OCEANE 2020 convertible bonds have been tendered into