CHANGES IN THE AREAS OF RESPONSIBILITY I

ELISA CORPORATION                   STOCK EXCHANGE RELEASE
                                    19 JANUARY 2004 AT 12.00am

CHANGES IN THE AREAS OF RESPONSIBILITY IN ELISA’S EXECUTIVE BOARD

Elisa Corporation reorganises its structure. The new organisation
applying to the core business in Finland consists of three units:
Customer, Products and Networks. The restructuring improves the
ability to meet market challenges and provides clearer and more
flexible customer service.

The reorganisation concerns Elisa Corporation and its fully-owned
subsidiaries, which no later than 1 July 2004 will merge into
Elisa Corporation.

The revamping affects the responsibilities of members in Elisa’s
Executive Board, as follows:

Executive Vice President Tapio Karjalainen is in charge of the
Group’s customers. Previously, he was responsible for the Elisa
Mobile business area and held the position of Oy Radiolinja Ab’s
Managing Director.

Executive Vice President Pasi Lehmus is in charge of the Group’s
products. He was previously ElisaCom Ltd’s Managing Director.

Executive Vice President Jukka Veteläsuo is in charge of the
Group’s networks. Prior to this, he was Elisa Networks Ltd’s
Managing Director.

Performance reporting will continue as before: by mobile business,
fixed network business, Germany-based business and other business.

ELISA CORPORATION

Velipekka Nummikoski
Vice President, Corporate Communications

Additional information:

Mr Velipekka Nummikoski, Vice President, Corporate Communications,
tel. +358 50 506 5588
Mr Vesa Sahivirta, Vice President, Investor Relations,
tel. +358 10 262 3036

Distribution:
Helsinki Exchanges
Major media


About Us

Elisa is a pioneer in telecommunications and digital services. We serve approximately 2.8 million consumer, corporate and public administration organisation customers, and have over 6.3 million subscriptions in our extensive network. Cooperation with Vodafone and Tele2, among others, enables globally competitive services. Our core markets are Finland and Estonia, and we also provide digital services for international markets. Elisa’s shares are listed on the Nasdaq Helsinki. In 2019, our revenue was EUR 1.84 billion euros, and we employed 4,900 people. As a responsible Finnish market leader, our operations are guided by continuous improvement. We will be a carbon neutral company from 2020 onwards. Further information on www.elisa.com , Facebook (@elisasuomi) and Twitter (@ElisaOyj)

Subscribe