Elisa Oyj — AGM Information 2008

Feb 27, 2008

Disclosure 255802

Elisa - Notice to general meeting

PROPOSAL FOR THE MEMBERS OF ELISA'S BOARD OF DIRECTORS AT THE ANNUAL GENERAL MEETING

Elisa's shareholders Novator Finland, Mutual Pension Insurance Company Varma and other Finnish pension institutions, which together hold 20.5 per cent of Elisa's shares and votes, have notified the company of their intention to propose to the Annual General Meeting convening on 18 March 2008 that the number of members in the Board of Directors be six (6). The proposal is that members Risto Siilasmaa and Ossi Virolainen be re-elected to the Board of Directors and Mr Tomas Otto Hansson (Director, Novator), Mr Orri Hauksson (Director, Novator Finland), Mr Pertti Korhonen (CEO Elektrobit Corporation) and Ms Eira Palin-Lehtinen (prev Director in Nordea Bank) be elected as new members. The notification includes proposal that Risto Siilasmaa be the chairman of the Board of Directors. ELISA Vesa Sahivirta Director, IR and Financial Communication Distribution: Helsinki Exchanges Major media