On 18 March 2008, and in accordance with the proposal of the Board
of
Directors, Elisa's Annual General Meeting decided of the capital
repayment
to shareholders to the amount of EUR 1,80 per share on the
basis of the balance
sheet of 31 December 2007 approved by the
General Meeting. The capital
repayment will be paid to shareholders
listed in the company's share register
maintained by the Finnish
Central Securities Depository Ltd on 25 March 2008
The payment will
be paid out starting on 1April 2008.

The Annual General
Meeting confirmed the financial statements for the
period in question. The
members of the Board of Directors and the CEO
were discharged from liability
for 2007.

The number of the members of the Board of Directors was confirmed
at
six (6), and members Risto Siilasmaa and Ossi Virolainen were
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) were
elected as new
members.

KPMG Oy Ab, authorised public accountants, with APA
Pekka Pajamo as
the responsible auditor, was appointed the company's
auditor.

Annual General Meeting accepted the proposal to authorise the
Board
of Directors to decide on the distribution of funds out of
distributable
equity up to a maximum of EUR 250,000,000. The
authorization is valid until the
commencement of the next Annual
General Meeting.

The Annual General Meeting
approved the proposal of the Board of
Directors to authorise the Board of
Directors to issue shares and
special rights. The authorisation is valid until
31 March 2010. A
maximum aggregate of 50.0 million of the company's shares can
be
issued under the authorization.

The Annual General Meeting decided on the
authorisation to acquire
treasury shares. The amount of shares that may be
purchased under the
authorisation to maximum 15,000,000 treasury shares.
The
authorisation is valid until August 31, 2009.

ELISA

Vesa
Sahivirta
Director, IR and Financial Communication

Distribution:

Helsinki
Stock Exchange
Principal media