Elisa's shareholders Novator Finland, Mutual Pension Insurance
Company Varma
and other Finnish pension institutions, which together
hold 20.5 per cent of
Elisa's shares and votes, have notified the
company of their intention to
propose to the Annual General Meeting
convening on 18 March 2008 that the
number of members in the Board of
Directors be six (6).

The proposal is that
members Risto Siilasmaa and Ossi Virolainen be
re-elected to the Board of
Directors and Mr Tomas Otto Hansson
(Director, Novator), Mr Orri Hauksson
(Director, Novator Finland), Mr
Pertti Korhonen (CEO Elektrobit Corporation)
and Ms Eira
Palin-Lehtinen (prev Director in Nordea Bank) be elected as
new
members. The notification includes proposal that Risto Siilasmaa be
the
chairman of the Board of Directors.

ELISA

Vesa Sahivirta
Director, IR and
Financial Communication

Distribution:

Helsinki Exchanges
Major media