Share capital

When	No of shares	Why	Price / Share	Share capital
31.12.2013	167,335,073	Mergers of Kymen Puhelin, Telekarelia and PPO-Yhtiöt		83,033,008.00 €
7.11.2013	165,504,660	Cancellation of treasury shares		83,033,008.00 €
19.6.2013	167,504,660	Subscription with options		83,033,008.00 €
20.3.2013	167 174 182	Subscription with options		83,033,008.00 €
28.12.2012	167 167 782	Subscription with options		83,033,008.00 €
31.10.2012	167 138 820	Subscription with options		83,033,008.00 €
26.6.2012	166 932 020	Subscription with options		83,033,008.00 €
3.4.2012	166 761 777	Subscription with options		83,033,008.00 €
29.12.2011	166 662 763	Subscription with options		83,033,008.00 €
24.10.2011	166 339 750	Subscription with options		83,033,008.00 €
27.6.2011	166 338 400	Subscription with options		83,033,008.00 €
22.3.2011	166 324 425	Subscription with options		83,033,008.00 €
1.10.2007	166 307 586	Lounet Oy's merger into Elisa		83,033,008.00 €
15.11.2005	166 066 016	Saunalahti Group Oyj Exchange Offer		83,033,008.00 €
1.1.2005	141 989 109	Yomi Plc's merger into Elisa		70,994,554.50 €
19.9.2001	138 011 757	Extended Soon Share Exchange Offer	10,49 €	69,005,878.50 €
15.6.2001	136 283 245	Soon Share Exchange Offer	18,40 €	68,141,622.50 €
13.6.2001	127 193 079	RPO Share Exchange Offer	19,40 €	63,596,539.50 €
1.7.2000	125 065 067	Merger	48,00 €	62,532,533.50 €

Stock options

The Board of Directors of Elisa has resolved, by authorization of the Annual General Meeting of Shareholders of 19 March 2007, that stock options be issued to Elisa’s and its subsidiaries’ key personnel and to a wholly owned subsidiary of Elisa.

The option program was for 150-200 key employees but excludes employees who belong to the top management incentive share based remuneration program adapted in 2006. Same person could not belong both to the option program and to the incentive share based remuneration program.

The stock options entitled to subscribe for a maximum total of 2,550,000 new shares or existing shares held by Elisa. The stock options were divided into three series: 2007A, 2007B and 2007C, all of which entitle to 850,000 shares. The detailed terns and conditions of this stock option scheme are here. The stock options issued constituted a maximum of 1.5 per cent of Elisa’s shares and voting rights.

Elisa’s 2007C stock options rights program has ended. With stock options were subscribed total of 1,197,074 shares.

Elisa 2007A Stock options	Amount	Sub- scribed shares	Original share price determination, €	Price at the end, €	Sub-scription period
A*	477,850	12,375	11/ 2007; 20.84	15.72	Matured
B*	582,000	580,999	11/2008; 11.89	6.87	Matured
C*	614,000	603 700	11/2009; 13.99	8.67	Matured

*A is distributed, listed and matured; B is distributed, listed and matured; C is distributed, listed and matured.

Trading of Elisa 2007C Stock Options Begins

Trading of Elisa 2007B Stock Options Begins

Trading of Elisa 2007A Stock Options Begins

Elisa's Share-based Incentive Plan in 2009-2011 and The Distribution of Series 2007C Stock Options