ELISA AND YOMI TO PUBLISH A PROSPECTUS A

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ELISA CORPORATION  STOCK EXCHANGE ANNOUNCEMENT  17 MAY 2004
AT 10.00am

ELISA AND YOMI TO PUBLISH A PROSPECTUS AND MERGER MEMORANDUM

Elisa and Yomi will publish a prospectus and merger
memorandum (only in Finnish), in relation to the merger of
Elisa and Yomi, today at the internet addresses
www.elisa.fi, www.yomi.com, www.mandatum.fi and
www.merkinta.pca.fi.

The prospectus will also be available on 18 May 2004 at the
latest at Elisa’s head office (Kutomotie 18, FIN-00380
Helsinki), Yomi’s head office (Piippukatu 11, FIN-40100
Jyväskylä) and HEX Gate (Fabianinkatu 14, FIN-00130
Helsinki).

Elisa and Yomi announced a plan to merge Yomi into Elisa on
29 March 2004. The extraordinary general meeting of Yomi, to
be held on 27 May 2004, will take a decision on the merger.
By May 14, 2004 shareholders of Elisa have not requested
that the merger should be approved in the extraordinary
general meeting of Elisa.

The prospectus shall not be delivered or distributed in the
United States, Canada, Australia, Japan, Great Britain or in
any country where the legislation requires any other
document, registration or other measure in addition to what
is required under Finnish laws and regulations.


ELISA CORPORATION

Velipekka Nummikoski
Vice President, Corporate Communications

Additional information:

Pekka Ekstam
Vice President, Mergers and Acquisitions
tel. +358 50 5205252


DISTRIBUTION
Helsinki Exchanges
Major media


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