ELISA'S TENDER OFFER TO THE SHAREHOLDERS OF LOUNET OY HAS EXPIRED


ELISA STOCK EXCHANGE ANNOUNCEMENT 4 JANUARY 2007 AT 9.30am

ELISA'S TENDER OFFER TO THE SHAREHOLDERS OF LOUNET OY HAS EXPIRED

Elisa's tender offer to the shareholders of Lounet Oy which began on 21 June 2006
expired on 31 December 2006. Elisa bid EUR 1,31 per share, which meant EUR 1,310
for each share certificate for 1,000 shares in Lounet Oy. Elisa's ownership in
Lounet is 80.2 per cent.

ELISA

Vesa Sahivirta
Director, IR and Financial Communication

Distribution:

Helsinki Stock Exchange
Principal media