Elisa Oyj

Major Shareholding Notification • Dec 22, 2015

Disclosure 329167

Elisa - Company Announcement

Notice Pursuant to the Finnish Securities Market Act, Chapter 9, Section 5

ELISA STOCK EXCHANGE RELEASE 22 DECEMBER 2015 AT 11:30 AM Elisa Corporation (ELI1V) has received the following notices in accordance with Chapter 9, Section 5 of the Finnish Securities Market Act: According to the notification the total number of Elisa Corporation shares owned directly or through financial instruments by BlackRock, Inc. and its funds first increased above five (5) per cent and then decreased below five (5) per cent of Elisa Corporation's entire stock. Date Number of % shares Number of % of shares and voting % shares and voting shares and rights through total rights voting financial instruments instruments -------------------------------------------------------------------------------- 17 Dec 8,095,054 4.83 374,537 0.22 5.06 2015 -------------------------------------------------------------------------------- 18 Dec N/A Below 5 N/A Below 5 Below 2015 5 -------------------------------------------------------------------------------- Total number of Elisa shares is 167,335,073 and each share carries one voting right. ELISA CORPORATION Vesa Sahivirta IR Director tel. +358 10 262 3036 Distribution: Nasdaq Helsinki Principal media www.elisa.com