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ELISA'S OWNERSHIP OF TIKKA COMMUNICATIONS AMOUNTS TO 100 PER CENT

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ELISA CORPORATION STOCK EXCHANGE ANNOUNCEMENT 14 DECEMBER 2005 AT 3.00pm


ELISA'S OWNERSHIP OF TIKKA COMMUNICATIONS AMOUNTS TO 100 PER CENT

In accordance with the Chapter 14 Section 21 of the Finnish Companies Act, Elisa
has today placed a security for the shares to be redeemed. After placing the
security, Elisa has gained title to the Tikka shares to be redeemed, and Elisa's
ownership has accordingly risen to 100 per cent.

Pursuant to the terms, the acceptance period of the bid targeted at Tikka
Communications Oy shareholders will expire on 16 December 2005. The redemption
procedure in accordance with the Companies Act will settle the redemption price
for the remaining shares, which, as calculated in compliance with Elisa's
redemption claim, is less than EUR 1 million.

ELISA CORPORATION

Vesa Sahivirta
Director, IR and Financial Communication

Distribution:

Helsinki Stock Exchange
Major media

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