Elisa - Company Announcement

The Shareholders’ Nomination Board’s proposal on the composition and remuneration of the Board of Directors

ELISA CORPORATION STOCK EXCHANGE RELEASE 27 JANUARY 2014 at 3pm

The Shareholders' Nomination Boardof Elisa Corporation proposes to the Annual
General Meeting of 2 April 2014 that the number of members of the Board of
Directors to be seven. The Nomination Board proposes that Mr Raimo Lind, Ms
Leena Niemistö, Ms Eira Palin-Lehtinen, Mr Jaakko Uotila and Mr Mika
Vehviläinen be re-elected as members of the Board. Mr Ari Lehtoranta and Mr
Mika Salmi have announced that they are not available for re-election in the
2014 Annual General Meeting. The Nomination Board proposes that Mr Petteri
Koponen and Ms Seija Turunen are to be elected as new members of the Board. 

The Nomination Board proposes that remuneration for the members of the Board of
Directors remain unchanged. Proposal excludes the lock-up of the shares
compared to previous proposals, however, the Nomination Board requires that
members of the Board hold shares in the company. 

More information on the Shareholders' Nomination Board's proposal on the
composition of the Board of Directors and its full proposal on the remuneration
of the Board of Directors are available on Elisa Corporation's website at
www.elisa.com/annualgeneralmeeting. The Nomination Board's proposals will be
included in the invitation to the Annual General Meeting. 

The Shareholders' Nomination Board of Elisa Corporation is chaired by Ms Eija
Ailasmaa (appointed by Solidium Oy). The members of the committee are Mr Pekka
Pajamo (Varma Mutual Pension Insurance Company), Mr Timo Ritakallio (Ilmarinen
Mutual Pension Insurance Company), Mr Jorma Eräkare (Nordea Finland Fund) and
Mr Raimo Lind (Chairman of the Board of Directors of Elisa Corporation). 

ELISA CORPORATION
Mr. Vesa Sahivirta
IR Director
tel. +358 10 262 3036

Additional information:

Ms Eija Ailasmaa, Chairman of the Shareholders' Nomination Board,
tel. +358 400 407 119

Distribution:

NASDAQ OMX Helsinki
Principal media
www.elisa.com