Elisa Oyj

Declaration of Voting Results & Voting Rights Announcements • Oct 13, 2008

Disclosure 262946

Elisa - Total number of voting rights and capital

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: 1. Target company: Elisa Corporation (business identity code:01116510-6) 2. Justification of the flagging announcement: Varma Mutual Pension Insurance Company hold more than 10 per cent of Elisa's shares and votes. 3. Date of change in holdings: 13 October, 2008 +-------------------------------------------------------------------+ | | Number of | Percentage of | Percentage of | | | shares | shares | voting rights | |----------------------+------------+---------------+---------------| | Shareholding before | | | | | the change | 2,999,196 | 1.80 | 1.80 | |----------------------+------------+---------------+---------------| | Shareholding 13 | | | | | October, 2008 | 20,304,976 | 12.21 | 12.21 | +-------------------------------------------------------------------+ 4. Exact proportion of the voting rights and total number of shares in Elisa Elisa's total number shares 166,307,586 and each share carries on voting right. An announcement from the Finnish State to Varma The Finnish State has announced that Varma is entitled to oblige the Finnish State to redeem at least 50 per cent of Elisa Corporation shares (purchased by Varma on 13 October 2008) at today's purchase price and to use this right at its discretion once the State has made the necessary financing decisions. ELISA Vesa Sahivirta Director, IR and financial communication +358 50 520 5555 Distribution: Helsinki Exchanges Major Media www.elisa.com