ELISA STOCK EXCHANGE RELEASE 15 FEBRUARY 2007 AT 6.55pm ELISA TO ISSUE TWO BONDS Today Elisa launched and priced a two-trance euro-bond issue. The total aggregate amount of notes is EUR 350m. The three year Floating Rate Note is EUR 50m in size and is issued at par, paying interest rate equivalent to the 3 months Euribor + 22 basis points. The amount of the seven year Fixed Rate Note is EUR 300m and the reoffer interest rate is equivalent to 7 year Euro midswap rate + 55 basis points. The coupon in the seven year note is 4.75%, giving an issue price 99.970%. Both Notes received substantial investor interest in the market and the notes were oversubscribed over seven times. Proceeds received in the arrangement will be used for optimising the capital structure, refinancing and general corporate use. Mandated Lead Arrangers in the arrangement were Nordea Markets, Royal Bank of Scotland (RBS) and UBS Investment Bank. Okobank and Sampo acted as Co-lead managers. ELISA Vesa Sahivirta Director, IR and Financial Communication Further information: Mr Jari Kinnunen, CFO, tel. +358 50 324 3521 Mr Juha Kervinen, Group Treasurer, tel. +358 50 555 3625 Distribution: Helsinki Stock Exchange Principal Media