ELISA PAYS EXTRAORDINARY DIVIDEND



Elisa's Board of Directors has decided to pay an extraordinary
dividend of EUR 1.00 per share. With the dividend payment, Elisa's
capital structure continues to develop in accordance with the set
targets.

The date of dividend ex-date is 16 October 2007, the date of record
is 18 October 2007 and the payment date is 25 October 2007. The
condition for the payment schedule is that the merger of Lounet into
Elisa has been completed according to the timetable on 30th September
2007. As a merger consideration approximately 273,630 new Elisa
shares will be issued.

Shares held by Elisa are not entitled to dividends. The total amount
of the dividend payment is approximately EUR 158.3 million, the exact
amount will be determined according to the owner register at the date
of record.

ELISA

Vesa Sahivirta
Vice President, IR and Financial Communication

Distribution:

Helsinki Stock Exchange
Principal media