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Nokia Siemens Networks, the first telecommunications network provider to join the WWF Climate Savers program, today announced that the company is on track to achieving its targets for reducing carbon dioxide emissions. The company presented its achievements at the Climate Savers Summit, organized by the global conservation organization WWF in Washington DC from March 25 to 27, 2009.

At the Summit, Nokia Siemens Networks and other WWF Climate Savers program members shared progress and innovations in their efforts to reduce carbon dioxide emissions. WWF and Nokia Siemens Networks have jointly developed a climate action plan that includes measurable emission reduction targets and steps to meet its goals. The agreement involves negotiations between the WWF, Nokia Siemens Networks and independent technical experts who monitor and verify compliance with the agreement.

“I am delighted to say that Nokia Siemens Networks has progressed as planned with its Climate Savers commitments,” said Juha-Erkki Mäntyniemi, Head of Environmental Affairs, Nokia Siemens Networks. “17 percent of our company’s energy requirements were drawn from renewable sources in 2008 and we are on course to increase this to 25 percent by the end of 2009. In addition, we recently launched the most energy efficient base station, the Flexi Multiradio, which in certain operation modes can help operators reduce energy consumption in their networks by up to 40 percent. The Flexi Multiradio Base Station consumes only 790W of power while simultaneously running GSM/EDGE and WCDMA/HSPA.”

Nokia Siemens Networks’ Climate Savers commitment is to:

The baseline for each of these commitments is 2007, and on completion, Nokia Siemens Networks’ initiatives will decrease the company’s CO2 footprint by approximately 2 million tons annually, compared to 2007.

About the Climate Savers program

Climate Savers is a business initiative organized by WWF to mobilize companies to cut carbon dioxide (CO2) emissions. The twenty one cutting-edge partnerships with these businesses provide attractive solutions to climate change, as targets agreed with WWF must be demonstrably more ambitious than previously planned or communicated by the company, placing the companies at the forefront of emission reductions in their particular sectors. A Climate Savers agreement involves negotiations between WWF, the company concerned and independent technical experts who later monitor and verify compliance with the agreement. As part of its Climate Savers Program, WWF has agreements with major brands and corporations from around the world. All of them have pledged to reduce their global warming emissions substantially.

Nokia Siemens Networks has been a WWF partner since January 2008.

About Nokia Siemens Networks

Nokia Siemens Networks is a leading global enabler of telecommunications services. With its focus on innovation and sustainability, the company provides a complete portfolio of mobile, fixed and converged network technology, as well as professional services including consultancy and systems integration, deployment, maintenance and managed services. It is one of the largest telecommunications hardware, software and professional services companies in the world. Operating in 150 countries, its headquarters are in Espoo, Finland. www.nokiasiemensnetworks.com

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Media Enquiries

Nokia Siemens Networks

Communications, North America

Chantal Boeckman

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E-mail: [email protected]

Communications, Corporate Responsibility

Saara Rounaja

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E-mail: [email protected]