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SAUNALAHTI'S MOBILE INTERCONNECTION FEE CHANGES

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ELISA CORPORATION STOCK EXCHANGE RELEASE 31 MAY 2006 AT 1.10pm


SAUNALAHTI'S MOBILE INTERCONNECTION FEE CHANGES

As of 1 June 2006, Saunalahti's mobile interconnection fee will be the same as
Elisa's mobile interconnection fee at 8.4 cents per minute, compared to earlier
charge of 11 cents per minute. The change is due to Saunalahti's operations being
part of Elisa's business operations.

Compared with the previous interconnection fee practices the change is estimated
to reduce Elisa's revenue and EBITDA by approximately EUR 10 million in 2006.
Elisa's outlook concerning a marked increase in revenue and improved EBITDA and
EBIT in 2006 remain unchanged.

Elisa has also reached an agreement on new mobile interconnection fees with
TeliaSonera Finland. As of 1 January 2007, the interconnection fee will be 7.25
cents per minute in Elisa's mobile network and 6.6 cents per minute in
TeliaSonera Finland's mobile network (6.8 cents per minute in 2006). Elisa's
current fee of 8.4 cents per minute will be applied until 31 December 2006.

The reduction is attributable to increased traffic volumes in Elisa's network and
the achieved negotiation outcome, the aim of which is to maintain and reinforce
developments in intra-industry financial relationships that promote
predictability and competition in a healthy manner.

ELISA CORPORATION

Vesa Sahivirta
Director, IR and Financial Communication

Further information:

Mr Vesa Sahivirta, tel. +358 10 262 3036
Director, IR and Financial Communication

Distribution:

Helsinki Stock Exchange
Principal media

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