Finnair Plc Annual Shareholders' Meeting will be held on Thursday 27 March 2008 at 3 p.m. at Helsinki Fair Centre, Messuaukio 1 Hall C1. Registration for the meeting begins at 2 p.m. The following matters will be handled in the Meeting: 1) The agenda items set forth in Section 12 of the Articles of Association. 2) Proposal by the Board of Directors to grant the Board of Directors the authority to decide on the purchase of the company's own shares. The authorisation would apply to a maximum of 5,000,000 company's own shares by using non-restricted equity. The shares could be purchased for the purposes of developing the capital structure of the company or for nullification or to be used in possible incentive and compensation schemes, or as a consideration in business acquisitions and other arrangements. The shares would be purchased through OMX Nordic Exchange Helsinki Oy, and therefore not from all of the shareholders in proportion to their respective shareholdings. The purchase price of the shares would be based on the market price of the share in the public trading. The purchase price would be paid to sellers in accordance with the rules of OMX Nordic Exchange Helsinki Oy. The authorisation would be valid until the annual shareholders' meeting 2009. The authorisation would cancel the previous authorisation to purchase company's own shares granted to the Board of Directors by the shareholders' meeting held on 22 March 2007. 3) Proposal by the Board of Directors to grant the Board of Directors the authority to decide on the disposal of the company's own shares The authority would apply to a maximum of 5,500,000 of the company's own shares. The Board of Directors would be authorised to decide to whom and in which manner the company's own shares be disposed. The disposal could deviate from the shareholders' pre-emptive right to purchase the company's own shares. The shares could be used as consideration in business acquisitions and other arrangements in the manner and within the scope determined by the Board of Directors. The shares could also be used as a part of possible incentive and compensation schemes. The authorisation would be valid until 31 March 2011. 4) A shareholder's proposal on appointment of the Shareholders' Nomination Committee The Ownership Steering Department of Government Office representing the State proposes that the Annual Shareholders' Meeting appoints a Shareholders' Nomination Committee to prepare proposals on the composition and remuneration of the Board of Directors to the next Annual Shareholders' Meeting. The Shareholders' Nomination Committee would consist of the Chairman of the Board who would act as an expert member, and of a representative of each of the three biggest shareholders. The three biggest shareholders having the nomination right would be determined by reference to the voting rights of their shareholdings as of 3 November 2008. Should a shareholder not wish to use its nomination right, the right would be transferred to the next biggest shareholder. The shareholdings would be determined by reference to the ownership information registered in the national book-entry system (APK). However, the voting rights of a shareholder that has a flagging obligation under Finnish Securities Markets Act in respect of its holdings that are for instance distributed into several funds, could be aggregated for the purposes of determining its ownership, provided that the shareholder presents a written request to that effect to the Board of Directors no later than on 31 October 2008. The Shareholders' Nomination Committee would be convened by the Chairman of the Board of Directors and it would elect a chairman from among its members. The Shareholders' Nomination Committee would submit its proposals to the Board of Directors at the latest on 2 February 2009. The remuneration of the Board of Directors The Ownership Steering Department of Government Office representing the State has notified the Company that it will propose to the Annual Shareholders' Meeting that the following remuneration be granted to the Board of Directors: - to the Chairman 61,200 euros per year - to the Vice Chairman 32,400 euros per year - to the other members 30,000 euros per year - to a member residing in Finland 600 euros and to a member residing abroad 1,200 euros per meeting of the Board or its Committee Composition of the Board of Directors and the Auditors Shareholders representing more than 2/3 of the total votes in the company have notified the company that they will propose to the Annual Shareholders' Meeting that of the present Board of Directors the following persons were re-elected: Mr. Christoffer Taxell as Chairman and as other members Mr. Sigurður Helgason, Ms. Satu Huber, Mr. Markku Hyvärinen, Mr. Kari Jordan, Ms. Ursula Ranin and Mr. Veli Sundbäck. Mr. Pekka Timonen is proposed to be elected as a new member. Mr. Timonen is the Director General of the Ownership Steering Department of Government Office. The same shareholders have also notified that they will propose that Authorised Public Accountants PricewaterhouseCoopers Oy and Authorised Public Accountant Mr. Jyri Heikkinen be elected as auditors and Authorised Public Accountants Mr. Timo Takalo and Mr. Tuomas Honkamäki as deputy auditors. The candidates have given their consents to the election. Right to participate in the Annual Shareholders' Meeting Shareholders who are registered, and nominee shareholders who have in accordance with Section 4:2 of the Companies Act enrolled to be temporarily registered, as shareholders with the Finnish Central Securities Depository Ltd (APK) on Monday 17 March 2008, are entitled to attend the Meeting. Shareholders whose shares have not been transferred to the book-entry securities system do not according to the Companies Act have the right to attend the Meeting. Notice of attendance at the Meeting must be made on Tuesday 25 March 2008 by 4 p.m. at the latest, either in writing to Finnair Plc, Share Register AAC/5, 01053 FINNAIR or by telephone to +358 (0)9 818 7637 9 a.m. - 4 p.m. on weekdays or by telefax to +358 (0)9 818 1662 or by e-mail to agm@finnair.com. Notices of participation must be received by the deadline for notification. Eventual Powers-of-Attorneys are requested to be sent together with the notification of participation. Information The documents concerning the financial statements and the Board of Directors' proposals can be reviewed by the shareholders from 20 March 2008 at Finnair's Headquarters, Tietotie 11 A, Helsinki-Vantaa Airport. Shareholders can also request the documents and the proposals by post from said date onwards. The documents can also be viewed at Finnair's web site at www.finnair.com/group. Dividend The Board of Directors proposes to the Annual Shareholders' Meeting that a dividend of 0,25 euros per share be paid to shareholders based on the balance sheet for the financial year that ended 31 December 2007. The dividend will be paid on 8 April 2008 to shareholders who are registered in the company's register of shareholders on the record date of 1 April 2008. Helsinki, 25 February 2008 Finnair Plc Board of Directors