Elisa - Decisions of general meeting

DECISIONS OF THE ANNUAL GENERAL MEETING OF ELISA

On 18 March 2009, and in accordance with the proposal of the Board of
Directors, Elisa's Annual General Meeting decided of a dividend to
shareholders to the amount of EUR 0,60 per share on the basis of the
balance sheet 31 December 2008 approved by the Annual General
Meeting. The dividend will be paid to shareholders listed in the
company's share register maintained by Euroclear Finland Ltd on 23
March 2009. The payment will be paid out starting on 31March 2009.
Dividend will also effect the Elisa 2007 stock options by reducing
the strike price of the series 2007A stock options to EUR 18.44 and
series 2007B stock options to EUR 11.29.

The Annual General Meeting adopted the financial statements for the
period in question. The members of the Board of Directors and the CEO
were discharged from liability for 2008.

The number of the members of the Board of Directors was confirmed at
six (6). Members Mr Risto Siilasmaa, Mr Ossi Virolainen, Mr Pertti
Korhonen and Ms Eira Palin-Lehtinen were re-elected to the Board of
Directors and Mr Ari Lehtoranta (Executive Vice President, Kone
Corporation) and Raimo Lind (CFO, Wärtsilä Group)  were elected as
new members.

KPMG Oy Ab, authorised public accountants was appointed the company's
auditor.  APA Pekka Pajamo is the responsible auditor.

The Annual General Meeting accepted the proposal to amend the
Operations of the Company in the articles of association. The main
change was the addition of ICT services to the Operations of the
Company.

The Annual General Meeting accepted the proposal to authorize the
Board of Directors to decide on the distribution of funds from the
unrestricted equity to the maximum of EUR 150,000,000. The
authorization is effective until the beginning of the following
Annual General Meeting.

The Annual General Meeting decided on the authorization to repurchase
or accept as pledge the company's own shares. The repurchase may be
directed. The amount of shares under this authorization is 15,000,000
shares at maximum. The authorization is effective until June 30,
2010.

The Annual General Meeting approved the proposal of the Board of
Directors on the issuance of shares as well as the issuance of
special rights entitling to shares. The issue may be directed. The
authorization is effective until June 30, 2013. A maximum aggregate
of 50.0 million of the company's shares can be issued under the
authorization.

ELISA

Vesa Sahivirta
Director, IR and Financial Communication
tel. +35850 520 5555

Distribution:

NASDAQ OMX Helsinki
Principal media
www.elisa.com