Elisa Oyj

Capital/Financing Update • Feb 14, 2019

Disclosure 368497

Elisa - Other information disclosed according to the rules of the Exchange

Elisa issued a EUR 300 million Eurobond

ELISA STOCK EXCHANGE RELEASE 14 FEBRUARY 2019 AT 5:30 PM

Elisa has today issued and priced new Eurobond maturing in 2026 that was announced 13 February 2019. The bond is issued under Elisa’s EUR 1.5 billion EMTN (Euro Medium Term Note) programme.

The amount of the new bond is EUR 300 million and its reoffer interest rate is equivalent to 7 year Euro midswap rate 0.336% + 90 basis points. The Interest coupon is 1.125% and issue price is 99.260.

The Mandated Lead Managers for the bond issue are Danske Bank A/S, NatWest Markets, Nordea Bank Abp and OP Corporate Bank plc.

“We are pleased that Elisa's long-term and determined strategy execution and profitability improvement can also be seen in strong demand for Elisa’s debt securities. This allows us to maintain tight pricing. With this transaction, we were able to lengthen the average maturity and proactively manage the coming repayments”, says Elisa’s CFO, Jari Kinnunen.

ELISA CORPORATION

Vesa Sahivirta

IR Director

tel. +358 50 520 5555

Further information:

Mr Jari Kinnunen, CFO

tel. +358 50 324 3521

Mr Juha Kervinen, Group Treasurer

tel. +358 50 555 3625

Distribution:

Nasdaq Helsinki

Principal media

www.elisa.com