FINNAIR CONSIDERS ISSUANCE OF HYBRID BONDS

FINNAIR PLC     STOCK EXCHANGE RELEASE     17.9.2009

FINNAIR CONSIDERS ISSUANCE OF HYBRID BONDS 

Finnair Plc is considering the issuance of hybrid capital bonds. The potential
issue is expected to be launched in the near future subject to market
conditions. The targeted minimum size of the issue is EUR 80 million. Nordea
Markets has been appointed to act as a sole bookrunner of the potential issue.
Aventum Oy has acted as Finnair's adviser in the arrangement. 

Hybrid bond is a bond that is subordinated to the company's other debt
obligations and treated as equity in the IFRS financial statements. Hybrid
bonds do not confer to holders the right to vote at shareholder meetings and do
not dilute the holdings of the current shareholders. 

Finnair Plc
Communications
17.9.2009

Additional information:

Mika Stirkkinen, VP, Group Treasurer, +358 9 818 4960