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REDEMPTION PRICE FOR TIKKA COMMUNICATIONS OY'S MINORITY SHARES EUR 1,940 PER SHARE

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ELISA CORPORATION STOCK EXCHANGE RELEASE 9 MAY 2006 AT 9:30am


REDEMPTION PRICE FOR TIKKA COMMUNICATIONS OY'S MINORITY SHARES EUR 1,940 PER
SHARE

A court of arbitration appointed by the Central Chamber of Commerce decided on 8
May 2006 to set the redemption price of Elisa Corporation's subsidiary Tikka
Communications Oy at EUR 1,940 per share. There are some 360 shares in total to
be redeemed and thus the final redemption price will be approximately EUR
700,000.

The redemption price and the 5.5. per cent interest will be paid within three
months of the decision, unless the parties appeal to the local court within two
months.

ELISA CORPORATION

Vesa Sahivirta
Director, IR and Financial Communication


For further information, please contact:

Mr. Jyrki Arjanne, Tel. +358 102 624 627
Senior Corporate Counsel

Distribution:

Helsinki Exchanges
Major media

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