Finnair Oyj — M&A Activity 2011

Mar 15, 2011

Disclosure 285564

Finnair Oyj - Company Announcement

NEGOTIATIONS ON FINNCOMM AIRLINES' OWNERSHIP ARRANGEMENTS PROGRESS

FINNAIR PLC STOCK EXCHANGE RELEASE 15.3.2011 AT 14.30 Progress has been made in negotiations between Finnair and the owners of Finncomm Airlines. Talks on partnership arrangements are taking more time than expected, so contractual negotiations will not be completed during the first quarter, unlike previously announced. An agreement is expected to be concluded during the second quarter of the year. Finnair does not aim to become a majority shareholder in Finncomm Airlines. Finnair Plc Communications 15.3.2011 Kati Kaksonen Investor Relations Officer Tel.+358 9 818 2780