Elisa Oyj

Major Shareholding Notification • Dec 9, 2009

Disclosure 274474

Elisa - Company Announcement

NOTICE PURSUANT TO THE FINNISH SECURITIES MARKET ACT, CHAPTER 2, SECTION 10

Elisa has received the following notice in accordance with Chapter 2, Section 9 of the Finnish Securities Market Act: BlackRock Inc.'s proportion of the total number of Elisa shares and voting rights has exceeded 5 % (1/20) 1. Target Company: Elisa Corporation (ELI1V). 2. Justification of the flagging announcement: The combined holdings due to BlackRock's acquisition of Barclays Global Investors. 3. Date of change in holdings: 1 December 2009 4. Exact proportion of the voting rights and total number of shares in Elisa +-------------------------------------------------------------------+ | Number of shares | Share of the total number | Share of number | | (inc, indirect | of shares | of votes | | ownership) | | | |------------------+------------------------------+-----------------| | 11,040,981 | 6.64 % | 6.64 % | +-------------------------------------------------------------------+ Total number of Elisa shares is 166,307,586 and each share carries one voting right. 5. Shareholder's full name, business identity code: BlackRock Inc. (USA Tax ID 32-0174421, SEC CIK Code#: 0001364742) ELISA Vesa Sahivirta Director, IR and financial communication +358 50 520 5555 Distribution: NASDAQ OMX Helsinki Major Media www.elisa.com