Elisa - Company Announcement

Number of Elisa Shares Increases Trough Subscription of 2007B and 2007C Option Rights

ELISA STOCK EXCHANGE ANNOUNCEMENT 26 JUNE 2012 AT 11.50am

From 17 March 2012 to 31 May 2012, a total of 170,243 new Elisa shares have
been subscribed with 2007B and 2007C option rights (167,993 with 2007B and
2,250 with 2007C). Subscription price, approximately EUR 1.2 million has been
booked into Elisa's reserve for invested non-restricted equity. The
corresponding increase in the number Elisa shares has been entered into the
Finnish Trade Register on 26 June 2012. The shares are entitled to dividends
and have the same shareholder rights as the old shares. Trading of the new
shares will begin on 27 June 2012 in NASDAQ OMX Helsinki Ltd. 

The number of Elisa's share after the increase is 166,932,020.

The subscription period for the Elisa 2007B option rights began on 1 December
2010 and expired on 31 May 2012. In addition, the share subscription period for
2007C stock options rights began on 1 December 2011 and will end on 31 May
2013. Elisa announced the Stock Option Scheme 2007 on 18 December 2007. The
terms of it can be seen in Elisa's web site www.elisa.com. 

ELISA

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

Distribution:

NASDAQ OMX Helsinki
Major Media
www.elisa.com