Elisa - Company Announcement

The Subscription period for Elisa 2007B Option Rights Expires on 31 May 2012

ELISA STOCK EXCHANGE RELEASE 16 MAY 2012 AT 9.00am

The subscription period for the Elisa 2007B option rights began on 1 December
2010 and shall expire on 31 May 2012. The last trading day for option rights is
24 May 2012. The present share subscription price with 2007B stock option is
EUR 6.87 per share. The offices of Nordea Bank in Finland act as subscription
places. The subscriptions made prior to 31 May 2011 are registered in June
2012. 

The total number of 2007B stock options is 850,000, of which 273,000 are held
with Elisa's subsidiary Fonetic. Fonetic can not subscribe for shares with the
stock options. Number of Elisa's shares can be increased by maximum 577,000
shares. 


ELISA

Vesa Sahivirta
Director, IR and financial communication
+358 10 262 3036

Distribution:

NASDAQ OMX Helsinki
Major Media
www.elisa.com