Nokia just unveiled the Nokia 500 GPS navigator in Espoo. This navigator not only does it do the satnav, multimedia , and handsfree Bluetooth calling like the 330 but it also has a 4.3-inch display, which makes it very interesting. The 500 navigation and communications , allows you to receive details for the POIs you pass as well as instant directions to the addresses stored in your contacts list.

But that’s not all , Nokia 500 GPS navigator also featureas Nokia’s Traffic Message Channel Service which offers jam alerts as well as an embedded FM transmitter to feed audio out any FM radio . Expected to be launched sometime in Q4 2007 for a pre-tax price of ?300/$410 (in Europe).

Here’s the press release.