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Elisa Oyj

Transaction in Own Shares May 16, 2007

3216_dirs_2007-05-16_a1296dd9-2ae7-41b1-9911-8368f0a45674.html

Transaction in Own Shares

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Disclosure 222267

Elisa - Changes in company's own shares

SHARE REPURCHASES COMPLETED

The share repurchases announced by Elisa on 24th April 2007 have been completed. Elisa has purchased through Helsinki Stock Exchange during 25.4 - 15.5.2007 4.000.000 Elisa shares. Average price per share was approximately 21,40 euros and total purchase price approximately 85.6 million euros. After the purchases Elisa holds 8.000.000 own shares. In addition Elisa's subsidiary Lounet Oy holds 49.976 Elisa shares. ELISA Vesa Sahivirta Director, IR and Financial Communication Distribution: Helsinki Stock Exchange Principal media

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