Finnair Oyj - Company Announcement

Finnair considers participating in cargo aircraft venture

FINNAIR PLC           STOCK EXCHANGE RELEASE          19.1.2011

Due to increased cargo demand, Finnair Cargo Oy, the Finnair Group subsidiary
responsible for cargo operations, is exploring the possibility of participating
in a project aimed at starting intercontinental freighter operations from
Helsinki. The US based Neff Capital Management LLC is evaluating to set up a
cargo company in Finland. Finnair Cargo is considering a minority shareholding
in the company. 

Finnair has an agreement on the sale of two Boeing MD-11 aircraft to Neff Air.

Finnair Plc
Communications
19.1.2011

Additional information:
Antero Lahtinen, SVP Cargo, Finnair, Tel. +358 9 818 5400
Lasse Heinonen, Deputy CEO, Finnair, Tel. +358 9 818 4950