PRICING FOR ELISA?S EXCHANGE OFFER
ELISA CORPORATION STOCK EXCHANGE RELEASE 17 SEPTEMBER 2004 AT 6.30 p.m.
PRICING FOR ELISAS EXCHANGE OFFER The Exchange period for the Exchange Offer has expired. The Minimum Exchange Condition of EUR 150,000,000 has been met and the Exchange will be accepted. The Exchange price for the 2006 maturing Notes is 2,588% and for the 2007 maturing Notes 3,017%. The yield for the new 2011 maturing Notes is 4,47% and the Coupon is 4,375%. Acceptance of the Exchange Offer and Aggregate Principal Amounts for the new Notes will be announced on 20 September 2004. The Terms of the Exchange Offer including the distribution and subscription restrictions including the Minimum Tender Amount can be found in the Exchange Offer Memorandum. Exchange Offer Memorandum can be obtained from the Exchange, Listing and Information Agents. ELISA CORPORATION Velipekka Nummikoski Vice President, Corporate Communications Additional Information: Juha Kervinen, Group Treasurer, tel +358 10 262 3625 Dealer Manager UBS Limited Liability Management Group Tel. + 44 207 568 3118 Co-Dealer Manager OKO Osuuspankkien Keskuspankki Oyj Debt Capital and Treasury markets Tel. +358 9 404 797 Exchange Agents JPMorgan Chase Bank Rachel Owens / Karen Sheridan Tel. +44 20 7777 5410 OKO Osuuspankkien Keskuspankki Oyj Sinikka Laurila / Maija Hasanen Tel. +358 9 404 760 JPMorgan Bank Luxemburg S.A. ITS Operations Tel. +35 2 46268 5804 Listing Agent Dexia Banque Internationale à Luxembourg Transaction Execution Group Tel. +35 2 4590 1 Information Agent Bondholder Communications Group Tel. +44 207 236 0788 www.bondcom.com/elisa