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ELISA'S BID TO TIKKA SHAREHOLDERS CONTINUES

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ELISA CORPORATION STOCK EXCHANGE ANNOUNCEMENT 29 JUNE 2005 AT 3.00pm


ELISA'S BID TO TIKKA SHAREHOLDERS CONTINUES

The acceptance period in accordance with the terms and conditions of the bid
targeted at Tikka Communications Oy's shareholders would end on 30 June 2005.
Elisa has decided to continue the term of the bid until 26 August 2005.

As a result of the bid, Elisa's holding in Tikka Communications had by 28 June
2005 increased to 87,3 per cent. Should Elisa's ownership of Tikka
Communications' shares exceed 90%, Elisa will have the right and obligation to
redeem the remaining shares of Tikka Communications Oy.

ELISA CORPORATION


Vesa Sahivirta
Director, IR and financial communications

Distribution:

Helsinki Stock Exchange
Major media

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