English
Published: 2010-03-18 15:20:00 CET
Elisa
Company Announcement
DECISIONS OF THE ANNUAL GENERAL MEETING OF ELISA
ELISA STOCK EXCHANGE RELEASE 18 MARCH 2010 AT 4.20pm

On 18 March 2010, and in
accordance with the proposal of the Board of Directors,
Elisa's Annual General
Meeting decided of a capital repayment of 0.92 Euros per
share based on the
adopted financial statements 2009. The capital repayment will
be paid to
shareholders listed in the company's share register maintained by
Euroclear
Finland Ltd on 23 March 2010. The payment will be paid on 31 March
2010. The
capital repayment will also effect the Elisa 2007 stock options by
reducing the
strike price of the series 2007A stock options to EUR 17.12, series
2007B stock
options to EUR 9.97 and series 2007C stock options to EUR 13.07.

The Annual
General Meeting adopted the financial statements for the period in
question.
The members of the Board of Directors and the CEO were discharged
from
liability for 2009.

The number of the members of the Board of Directors
was confirmed at seven (7).
Pertti Korhonen, Ari Lehtoranta, Raimo Lind, Eira
Palin-Lehtinen, Risto
Siilasmaa and Ossi Virolainen were re-elected as members
of the Board of
Directors and Leena Niemistö (Managing Director at Medical
Center Dextra) as a
new member of the Board of Directors.

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

The Annual General Meeting accepted the
proposal to amend the provision on the
notice of a general meeting in the
Articles of Association. The main change is
that the publication date of a
notice corresponds to the amended Finnish
Companies Act.

The Annual General
Meeting authorized the Board of Directors to donate no more
than 700,000 Euros
to support activities of Finnish universities and colleges
during year
2010.

The Annual General Meeting accepted the proposal the Board of Directors
to
resolve to distribute funds from the unrestricted equity to the maximum
amount
of 100 million Euros. The authorization is effective until the beginning
of the
following Annual General Meeting.

The Annual General Meeting decided on
the authorization to repurchase or accept
as pledge the company's own shares.
The repurchase may be directed. The amount
of shares under this authorization
is 10 million shares at maximum. The
authorization is effective until June 30,
2011.

The Annual General Meeting approved the proposal of the Board of
Directors on
the issuance of shares as well as the issuance of special rights
entitling to
shares. The issue may be directed. The authorization is effective
until June
30, 2014. A maximum aggregate of 15 million of the company's shares
can be
issued under the authorization.

ELISA
Vesa Sahivirta
Director, IR and
Financial Communication
tel. +35850 520 5555

Distribution:

NASDAQ OMX
Helsinki
Principal media
www.elisa.com
<http://www.elisa.com/>


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