Elisa - Company Announcement

Elisa’s Midterm Targets and Distribution Policy

ELISA STOCK EXCHANGE RELEASE 22 OCTOBER 2014 AT 11:00 A.M.

Elisa has updated its medium term financial targets by the end of 2017, which
are: 

Revenue growth   Above industry average
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EBITDA margin    Above 36 per cent     
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CAPEX/Sales      Maximum 12 per cent   
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Net Debt/EBITDA  1.5 - 2x              
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Equity ratio     Above 35 per cent     
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Elisa reiterated its distribution policy:

Profit distribution is 80 - 100 per cent of the previous fiscal year's net
profit. In addition possible excess capital can be distributed to shareholders.
When making the distribution proposal or decision the Board of Directors will
take into consideration the company´s financial position, future financial
needs and financial targets. Profit distribution methods include dividend
payment, capital repayment and purchase of treasury shares. 

ELISA CORPORATION

Vesa Sahivirta
IR Director
tel. +358 10 262 3036

Distribution:

NASDAQ OMX Helsinki
Principal media
www.elisa.com