Elisa - Final Bond Terms

NO SANCTIONS IMPOSED ON THE COMPANY IN THE JIPPII TRIAL

The District Court of Helsinki has today rendered its verdict in the
proceedings concerning the stock exchange disclosures of the Jippii
Group in 2001. The prosecutor had requested that a corporate fine of
EUR 800,000 and a forfeiture of approximately EUR 215,000 be imposed
on Elisa's subsidiary Saunalahti Group Oyj. In its judgment, the
District Court did not impose any corporate fine or forfeiture on the
company.

ELISA CORPORATION

Vesa Sahivirta
Vice President, IR and Financial Communication

Further information:

Jyrki Arjanne, tel. +358 102 624 627
Senior Corporate Counsel

Distribution:

Helsinki Stock Exchange
Principal media