CORRECTING and REPLACING Hungarian Operator Pannon GSM and Nokia Show First Public WCDMA 3G Operator Call In Hungary.

Business Editors/High-Tech Writers

Correction...by Nokia

HELSINKI, Finland--(BUSINESS WIRE)--Oct. 9, 2003

In BW5300 issued Oct. 9, 2003: Fourth graph, first sentence of release should read: Additionally the two companies have made an agreement for Nokia to provide a full WCDMA 3G testbed for Pannon GSM, including both 3G radio and core network equipment.

The corrected release reads:

HUNGARIAN OPERATOR PANNON GSM AND NOKIA SHOW FIRST PUBLIC WCDMA 3G OPERATOR CALL IN HUNGARY; DEMONSTRATION CONTINUES A DECADE OF CO-OPERATION BETWEEN THE TWO LEADING TELECOM COMPANIES

Hungarian operator Pannon GSM and Nokia have demonstrated the first public operator WCDMA 3G call in Hungary. The demonstration was carried out by Pannon Chief Technology Officer Jozsef Huszlicska using the commercially available Nokia 6650 phone.

During the demonstration, a series of services were on display including streaming, Internet browsing, downloading, and MMS. Services used data speeds of up to 380 kilobits/sec.

"This landmark highlights Pannon GSM's innovativeness and ability to adopt new technologies. We continue to be highly committed to the needs of our customers by offering state-of-the-art and exciting services irrespective of the underlying technology," says Klaus Rasmussen, Chief Executive Officer, Pannon GSM. "We will monitor the requirements of our subscribers and our technical decisions will be taken based on that and on the business environment when the time is ripe. This is the latest for the numerous milestones we have marked with Nokia in our ten years of fruitful cooperation."

Additionally the two companies have made an agreement for Nokia to provide a full WCDMA 3G testbed for Pannon GSM, including both 3G radio and core network equipment. This will enable Pannon GSM to further explore and evaluate the technical and service delivery capabilities of 3G technology.

"We are proud to be co-operating with Pannon GSM in this latest achievement and in serving their customers at the highest level," says Laszlo Tolnay, Senior Account Manager, Nokia Networks. "This also demonstrates that Nokia is already well prepared and able to support the operators in offering 3G mobile services through both EDGE and WCDMA 3G."

Nokia has been Pannon's primary supplier of GSM network equipment since 1993.

Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed broadband and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges.

Pannon GSM Rt. is a mobile telecommunications operator in Hungary, headquartered in Budapest. The company offers high quality GSM voice and data communication services in 900 and 1800 MHz frequencies. The network is accessible in 99% of the territory of Hungary. The company has more than 253 roaming partners in 103 countries on 5 continents. The company's revenue in 2002 was above 158,5 billion HUF. On the 31st of March 2003, the company had 2,712,000 subscribers, the number of staff exceeded the figure of 1500. Pannon GSM's share of the Hungarian GSM market, which is shared by 3 players, is 38,4%.