ELISA'S HOLDING IN TIKKA COMMUNICATIONS EXCEEDS 50 PER CENT

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ELISA CORPORATION STOCK EXCHANGE ANNOUNCEMENT 27 MAY 2005 AT 9.45am

ELISA'S HOLDING IN TIKKA COMMUNICATIONS EXCEEDS 50 PER CENT

Elisa's holding in Tikka Communications Oy now exceeds 50 per cent. Elisa has
made a bid to Tikka Communications shareholders for all the shares of the
company. In 2004, Tikka Communications' sales amounted to EUR 29.5 million.

ELISA CORPORATION

Vesa Sahivirta
Director, IR and financial communication

Distribution:

Helsinki Stock Exchange
Major media


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