ELMUF Elisa Corp (PK)

Elisa's Board of Directors decided on the extraordinary distribution 
of a capital repayment per share of EUR 0.40 on the basis of the 
balance sheet of 31 December 2008 and the authorisation of additional 
distribution maximum EUR 150 million from the Annual General Meeting. 
This decision is based on the favourable development of the company's 
result and financial position as well as maintaining the company's 
capital structure in line with the set financial targets. 
 
The capital repayment distribution total approximately EUR 62.2 
million and it will be distributed out of the reserve for invested 
non-restricted equity. No capital repayment will be paid on treasury 
shares held by Elisa. 
 
Capital repayment will also effect the Elisa 2007 stock options by 
reducing the strike price of the series 2007A stock options to EUR 
18.04 and series 2007B stock options to EUR 10.89. 
 
The capital repayment ex-date is 26 October 2009 and it will be paid 
to shareholders listed in the company's share register maintained by 
the Euroclear Finland Ltd on 28 October 2009. The payment will be 
paid out starting on 6 November 2009. 
 
Elisa's updated distribution policy 
 
The previous distribution policy was: "Ordinary profit distribution 
is 40-60 per cent of the profit for the financial period. 
Distribution of profit includes dividend payment, capital repayment 
and purchase of treasury shares." 
 
The new updated policy is: "Ordinary profit distribution is 40-60 per 
cent of the profit for the financial period. In addition possible 
excess capital can be distributed to shareholders. When making the 
distribution proposal or decision the Board of Directors will take 
into consideration the company's financial position, future financial 
needs and financial targets. Distribution methods include dividend 
payment, capital repayment and purchase of treasury shares." 
 
 
ELISA 
 
Vesa Sahivirta 
Director, IR and Financial Communication 
 
Distribution: 
 
Helsinki Stock Exchange 
Principal media 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
 
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