ELISA MANAGERS' TRANSACTIONS RELEASE 18 OCTOBER 2019 AT 12:50 PM The following notification is made according to Article 19 of the Market Abuse Regulation. Elisa Oyj - Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: Mäenpää, Pasi Position: Other senior manager Issuer: Elisa Oyj LEI: 743700TU2S3DXWGU7H32 Notification type: INITIAL NOTIFICATION Reference number: 743700TU2S3DXWGU7H32_20191018120414_3 ____________________________________________ Transaction date: 2019-10-18 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009007884 Nature of the transaction: DISPOSAL Transaction details (1): Volume: 32 Unit price: 48.82 EUR (2): Volume: 150 Unit price: 48.77 EUR (3): Volume: 112 Unit price: 48.78 EUR (4): Volume: 92 Unit price: 48.79 EUR (5): Volume: 65 Unit price: 48.79 EUR (6): Volume: 150 Unit price: 48.79 EUR (7): Volume: 137 Unit price: 48.8 EUR (8): Volume: 150 Unit price: 48.81 EUR (9): Volume: 11 Unit price: 48.82 EUR (10): Volume: 16 Unit price: 48.82 EUR (11): Volume: 53 Unit price: 48.82 EUR (12): Volume: 36 Unit price: 48.74 EUR (13): Volume: 140 Unit price: 48.75 EUR (14): Volume: 92 Unit price: 48.78 EUR (15): Volume: 37 Unit price: 48.79 EUR (16): Volume: 150 Unit price: 48.76 EUR (17): Volume: 130 Unit price: 48.77 EUR (18): Volume: 16 Unit price: 48.8 EUR (19): Volume: 26 Unit price: 48.82 EUR (20): Volume: 150 Unit price: 48.78 EUR (21): Volume: 150 Unit price: 48.81 EUR (22): Volume: 47 Unit price: 48.8 EUR (23): Volume: 120 Unit price: 48.74 EUR (24): Volume: 196 Unit price: 48.75 EUR (25): Volume: 120 Unit price: 48.75 EUR (26): Volume: 120 Unit price: 48.75 EUR (27): Volume: 150 Unit price: 48.75 EUR (28): Volume: 120 Unit price: 48.76 EUR (29): Volume: 120 Unit price: 48.77 EUR (30): Volume: 112 Unit price: 48.77 EUR Aggregated transactions (30): Volume: 3,000 Volume weighted average price: 48.77447 EUR Elisa's Management holdings: https://corporate.elisa.com/investors/governance/management-holdings/ ELISA CORPORATION Vesa Sahivirta IR Director tel. +358 50 520 5555 Distribution: Nasdaq Helsinki Principal media www.elisa.com (https://www.globenewswire.com/Tracker?data=vuHB37WpNKyAHEAKEniRSu6 eKFsA4mSXDVbBVbWzDjkwxQqVHHPflNlS0_cJDsk7TNNpR4K-EwcQfysa2lgO_A==)