Chicago, IL – January 21, 2008 – NAVTEQ (NYSE: NVT), a leading global provider of digital maps for vehicle navigation and location-based solutions, is supplying map data for the new Nokia 500 Auto Navigation personal navigator, which is the company’s second PND.

Designed to offer navigation, communication and multimedia features, the Nokia 500 Auto Navigation has a large 4.3” touch screen, an intuitive, easy to use interface; and integrated GPS and TMC (for traffic information) receivers.   With very recent (at least mid 2007)  pan-European,  high quality maps from NAVTEQ, there have been no compromises on the navigation function.

From offline route planning and trip management to turn by turn voice instructions (including street names), this new PND is a sophisticated navigator which uses Nokia navigation software and makes excellent use of the NAVTEQ data.  It offers visual images of motorway exit numbers and signposts; a range of options for selecting destinations; and interactive points of interest.

Offering all the attributes of a complete car kit, including handsfree phone operation through phone-book download with compatible mobile phone and DSP for echo cancellation, the Nokia 500 Auto Navigation will also play music on the car radio via integrated FM Transmitter and away from the car, the large screen is great for sharing photographs or watching videos.  As you would expect from Nokia, the handsfree function supports voice dialing, call stacking and call waiting.

Serge Bussat, VP and General Manager of NAVTEQ Consumer Applications Group, commented, “Nokia’s introduction of this product emphazises the direction the market is taking towards multi media navigators – consumers are now expecting a whole range of features on all their electronic gadgets and sat nav systems are no exception.”

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. www.Nokia.com

About NAVTEQ
NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has approximately 3,100 employees located in 167 offices and in 31 countries.

NAVTEQ is a trademark in the U.S. and other countries. All rights reserved.

This document may include certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" or words of similar meaning. The statements are based on our current beliefs or expectations and are inherently subject to various risks and uncertainties, including those set forth under "Item 1A. Risk Factors" in each of the Company's most recent Annual and Quarterly Reports filed with the Securities and Exchange Commission.

Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. NAVTEQ does not undertake any obligation to update any forward-looking statements contained in this document.

###