Finnair Oyj - Other information disclosed according to the rules of the Exchange

Finnair Issues EUR 200 Million Bond

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN,
NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE
RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Finnair Plc, Stock Exchange Release, 22 March 2017 at 18:00 Finnish time (EET).

Finnair Plc issues a senior unsecured bond of EUR 200 million (the “Bond”). The
Bond matures on 29 March 2022, it bears a fixed annual interest at the rate of
2.250 percent and has an issue price of 99.925 percent. The bond is callable
before its final maturity.

“Finnair’s prudent execution of its accelerated growth strategy and continued
improvement in financial performance are reflected in pricing of the long-term
funding. With this transaction, Finnair utilised the favourable market
conditions and was able to lengthen the average maturity in its debt portfolio
with competitive terms,” says Finnair’s CFO Pekka Vähähyyppä.

Application will be made for listing of the Bond on Nasdaq Helsinki Ltd. The
proceeds from the Bond offering will be used to refinance some of Finnair’s
existing indebtedness, including the partial redemption of the bond maturing in
2018, and for general corporate purposes.

Danske Bank A/S and Nordea Bank AB (publ) act as Lead Managers for the issue of
the Bond.

For further information, contact:
Group Treasurer, Christine Rovelli, tel. +358 9 818 8241,
christine.rovelli@finnair.com
Treasury Operations Manager, Aku Väliaho, tel. +358 9 818 4372,
aku.valiaho@finnair.com

Finnair Plc
Communications

Finnair is a network airline specialising in passenger and cargo traffic between
Asia and Europe. Helsinki’s geographical location gives Finnair a competitive
advantage, since the fastest connections between many European destinations and
Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a
unique Nordic experience, and its mission is to offer the smoothest, fastest
connections in the northern hemisphere via Helsinki and the best network to the
world from its home markets. Finnair is the only Nordic carrier with a 4-star
Skytrax ranking and a member of the oneworld alliance. In 2016, Finnair’s
revenues amounted to EUR 2,317 million and it had a personnel of 4,940 at the
year-end. Finnair Plc’s shares are quoted on Nasdaq Helsinki.

Disclaimer

This release is for information purposes only and is not to be construed as an
offer to purchase or sell or a solicitation of an offer to purchase or sell with
respect to any securities of Finnair. The distribution of this release and the
related material concerning the issuance of Bond may, in certain jurisdictions,
be restricted by law. No actions have been taken to register or qualify the
Bond, or otherwise to permit a public offering of the Bond, in any jurisdiction.
Any offering material or documentation related to the Bond may be received only
in compliance with applicable exemptions or restrictions. Persons into whose
possession this release or any such offering material or documentation may come
are required to inform themselves of and observe all such restrictions. This
release and any such offering material or documentation may not be distributed
or published in any country or jurisdiction if to do so would constitute a
violation of the relevant laws of such jurisdiction or would require actions
under the laws of a state or jurisdiction. In particular this release and any
such offering material or documentation may not distributed in the United
States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South
Africa or any other jurisdiction in which it would not be permissible to offer
the Bond and this release and any related material concerning the issuance of
the Bond may not be sent to any person in the beforementioned jurisdictions. The
information contained herein shall not constitute an offer to sell or tender, or
a solicitation of an offer to buy or sell any of Finnair's securities including
the Bond to any person in any jurisdiction in which such offer, solicitation or
sale or tender would be unlawful. Neither Finnair nor the Lead Managers, or
their representatives accept any legal responsibility for any violation by any
person, whether or not the persons contemplating investing in or divesting
Finnair's securities including the Bond are aware of such restrictions. The Bond
has not been and will not be registered under the U.S. Securities Act of 1933,
as amended (the “U.S. Securities Act”), or under the securities laws of any
state or other jurisdiction of the United States. The Bond may not be offered,
sold, pledged or otherwise transferred directly or indirectly within the United
States or to, or for the account or benefit of, U.S. Persons (as such terms are
defined in Regulation S under the U.S. Securities Act).

The information provided in this release and any offer materials relating to the
Bond is addressed to and directed only at persons in the United Kingdom in
circumstances where section 21(1) of the Financial Services and Markets Act 2000
as amended, does not apply and are solely directed at persons in the United
Kingdom who (a) have professional experience in matters relating to investments
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the “Order”) or (b) persons falling within
Article 49(2)(a) to (d) of the Order, or other persons to whom they may be
lawfully communicated (all such persons together being referred to as “relevant
persons”). This release is directed only at relevant persons and any person who
is not a relevant person must not act or rely on this document or any of its
contents.