Finnair Oyj

Regulatory Filings • Apr 16, 2010

Disclosure 277921

Finnair Oyj - Company Announcement

AIR TRAFFIC STANDSTILL CAUSING TWO MILLION EURO LOSSES PER DAY

FINNAIR PLC STOCK EXCHANGE RELEASE 16.4.2010 The interruption of Finnair's air traffic due to the closure of airspace will result in losses to the company of around two million euros per day. The losses consist of lost revenue reduced by variable costs. Finnair Group personnel have been notified that salary payments will stop after two weeks if the situation continues and normal working is prevented. After the stoppage of salary payments, the Finnair Group's daily losses will fall to around one million euros. Between Thursday and Saturday, Finnair has had to cancel 435 flights, affecting around 54,000 passengers. The airspace closure is due to an ash cloud, covering most of Europe, from a volcanic eruption in Iceland. All of the main airports in Europe, among others, have been closed due to the airspace closure. Finnair Plc Communications 16.4.2010 Additional information: Taneli Hassinen, VP, Financial Communications and IR, tel. +358 9 818 4976