Elisa - Final Bond Terms

Elisa Oyj's board comment on Novator's request on Extraordinary General Meeting

One of Elisa Oyj's shareholders, Novator Finland Oy has made a
proposal for Elisa's board to change the structure of the company.
Board has investigated and considered the proposal carefully.

It is the opinion of the board, that Elisa Oyj should seek strong
growth.  However, the board's unanimous opinion is that in order to
execute the present strategy and growth the structural changes
proposed by Novator are not needed.

Further information
Chairman of the Board, Mr. Pekka Ketonen, +3585067411