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ELISA'S SALE OF ESTERA OY SHARES HAS BEEN CONSUMMATED

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ELISA CORPORATION STOCK EXCHANGE RELEASE 4 NOVEMBER 2005 AT 3.15pm


ELISA'S SALE OF ESTERA OY SHARES HAS BEEN CONSUMMATED

On 3 November 2005, Elisa and ISS Security Oy signed a precontract on selling the
share capital of Elisa's security business Estera Oy. In conjunction with signing
the precontract Estera sold part of its business to Estera Oy's operative
management.

Elisa and ISS Security Oy have today signed a final sale contract on Estera Oy's
shares. The final sale price will be confirmed on 31 October 2005 on the basis of
the balance sheet value. The impact of the transaction on Elisa's Q4 earnings
will be approximately EUR 4 million.

ELISA CORPORATION

Vesa Sahivirta
Director, IR and Financial Communication

Further information:
Pekka Ekstam
M&A Director, tel. +358 50 5205252

DISTRIBUTION:
Helsinki Stock Exchange
Major media

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