FINNAIR PLC INVESTOR NEWS 25 April 2008 FINNAIR DOES NOT ACCEPT ALITALIA SUBSIDIES Finnair does not approve of the 300 million euro loan given to Alitalia by the Italian government. “The loan is yet another link in a chain of subsidies that has been going on for years whereby the Italian government, against the EU's explicit forbiddance, pumps money in to an ailing national airline,” states Finnair President and CEO Jukka Hienonen. Finnair will demand that the EU commission take action on the subsidies received by Alitalia. In 2004 Finnair, together with seven other European airlines, also stated its concern to the EU commission about the subsidy arrangement between Alitalia and the Italian government. In their joint letter the airlines stated at the time that the subsidies have not led to the healthy reorganization of Alitalia but have distorted competition. “It seems like nothing has changed. The subsidy is not an investment in the company's future this time either, but will disappear into the gaping void of the airline's inefficient cost structure. The artificial resuscitation of a badly managed company distorts competition and the overcapacity that exists in Europe cannot dissolve naturally,” Hienonen says. Finnair Plc Communications 25.4.2008 Additional information: Kari Koli, VP Alliances & International Relations, tel. +358 40 555 8520