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2010-12-16 17:40:00 CET 2010-12-16 17:41:38 CET REGULATED INFORMATION Elisa - Company AnnouncementELISA HAS SETTLED THE DISPUTE RELATING TO GUARANTEE EXPENSE OF THE CDO PORTFOLIOELISA STOCK EXCHANGE RELEASE 16 DECEMBER 2010 AT 6.40pm In the first quarter 2010 Elisa made a one-off provision of EUR 45 million related to a USD 60 million guarantee on a CDO portfolio in 2007. Elisa has settled the dispute with the arranger bank and terminated the guarantee. Final amount of guarantee expense is approximately EUR 39 million, which is EUR 6 million less than the provision. This EUR 6 million will have a positive impact on financial expenses in Q4 2010. The settled guarantee expense approximately EUR 39 million will be fully paid in 2010. The guarantee liability was referred to in Elisa's Annual Report 2009 in note 33. ELISA Vesa Sahivirta Director, IR and Financial Communications tel. +358 10 262 3036 Distribution: NASDAQ OMX Helsinki Principal media www.elisa.com [HUG#1473441] |
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