Finnair Board of Directors decided on a new period on an employee share plan


Finnair Plc         Stock Exchange Release          11 February 2015 at 09.50
am. EET

The Board of Directors of Finnair Plc has decided to launch a new 12 month
savings period under the Employee Share Plan. The purpose of the plan is to
encourage the employees to become shareholders in the company, to provide long
-term rewards through potential share price appreciation and thereby strengthen
the employees’ interest in the development of Finnair’s shareholder value.

Participation in the share savings plan is voluntary. The decided 12 month
savings period will commence on 1 July 2015. Potential future savings periods
are subject to separate Board decisions.

The eligible Finnair employees are offered the opportunity to invest part of his
or her base salary in Finnair shares through the plan. Finnair awards each
participant one Matching Share for each two purchased shares after a holding
period of approximately two years. The awarded shares are taxable income for the
recipient.

To increase the attractiveness of the plan, each employee participating in the
plan for the first time in this savings period will additionally be awarded 20
bonus shares in October 2015, provided that employee participates at least in
the first three months of the plan. The plan will be offered to approximately
4,500 Finnair employees in Finland. The maximum monthly savings are eight per
cent and the minimum are two per cent of each participant's gross base salary
during one month.  The maximum annual savings amount is EUR 8,000 per
participant. The total amount of all savings in 2015—2016 may not exceed EUR 7.5
million, which equals to approximately 2.3 million shares, using the 10 February
2015 closing share price of EUR 3.28.

Shares will be purchased with the accumulated savings at the market price
quarterly, after the publication dates of the Finnair's interim results. Any
dividends paid on purchased shares during the commencing savings period will be
reinvested into additional shares on the following purchase date. These shares
will have equal rights to Matching Shares.

Finnair has used Alexander Corporate Finance Oy as advisor in the designing of
the plan. Evli Alexander Management Oy serves as Plan administrator.

Helsinki 11 February 2015

FINNAIR PLC

The Board of Directors
Further information:
Finnair communications, tel. +358 9 818 4020, comms(a)finnair.com

Distribution:
Nasdaq Helsinki
Principal media