SHARE REPURCHASE 31.10.2006

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ELISA                STOCK EXCHANGE ANNOUNCEMENT       31.10.2006

SHARE REPURCHASE  31.10.2006

In the Helsinki Stock Exchange

Trade date              31.10.2006
Bourse trade            BUY
Share                   ELI1V
Amount                  175.000               shares
Total cost              3.467.421,76          EUR
Average price/ share    19,8138               EUR
Highest price/ share    19,94                 EUR
Lowest price/ share     19,70                 EUR


Elisa now holds a total of 525.000 shares
including the shares repurchased on 31.10.2006.

Elisa´s subsidiary company Lounet Oy holds a total of 125.000 shares.



On behalf of Elisa

NORDEA BANK FINLAND PLC

Petri Simberg       Jari Villenheimo

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