The resolution by Elisa's Extraordinary General Meeting of Shareholders on 28 June 2007, on the decreasing of the share premium reserve by the amount of 530,412,283.69 have been executed today. After the decrease the amount of the share premium reserve in the balance sheet as per 31 December 2006 is zero. The decreased amounts shall be transferred to the invested non-restricted equity fund and will be part of distributable equity upon approval of financial statements. ELISA CORPORATION Vesa Sahivirta Director, IR and Financial Communication Distribution: Helsinki Stock Exchange Principal media