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COMPTEL CORPORATION?S FINANCIAL STATEMEN

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ELISA CORPORATION STOCK EXCHANGE RELEASE FEBRUARY 11, 2004 AT
                                                       9.00am


COMPTEL CORPORATION’S FINANCIAL STATEMENTS FOR YEAR 2003

Comptel Corporation, an Elisa Corporation subsidiary succeeded in
attaining good profitability and increasing its turnover during
the challenging market situation of 2003 by improving the
efficiency of its operations.

The turnover for the January-December period was EUR 54.0 million
(EUR 49.3 million), an increase of 9.5 per cent on the
corresponding period of the previous year. Operating profit for
the January-December period was EUR 6.6 million (EUR -6.7
million).

Product Business generated a turnover of EUR 43.1 million (EUR
38.4 million). The turnover of the System Services was EUR 8.8
million (EUR 10.7 million).

Profit per share in the January-December period was EUR 0.04/share
(EUR -0.05/share).

The Group had no interest-bearing debt at the time of the
financial statements. The equity ratio was 77.8 per cent (83.6 per
cent).

At the beginning of the year the number of personnel in Comptel
was 595, and at the end of the year, the figure totalled 402.

At the beginning of 2004, the overall industry outlook is
prudently positive. The general market situation is expected to
improve compared to 2003. Consequently Comptel’s turnover is
expected to develop favourably in the latter half of 2004.
Comptel's main objective is to outperform the market growth in the
increase of its turnover and to continuously improve
profitability. The cost savings implemented during 2003 will be of
advantage in achieving the profitability goal. No significant
changes in the development of System Services' turnover are
estimated for the year 2004.

Further information on Comptel Corporation’s financial statements
is available in the company’s financial statements for January 1 –
December 31, 2003, disclosed today.


ELISA CORPORATION

Velipekka Nummikoski
Vice President, Corporate Communications

For further information, please contact:

Comptel Corporation
Mr Tero Laaksonen, President and CEO
Tel. +358 9 700 1131

Mr Pellervo Hämäläinen, Senior Vice President, Corporate
Communications and IR
Tel. +358 9 700 1131
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