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Business ReviewFinancial ReviewInformation for shareholders

Board of Directors Report
Financial Statement Principles
Consolidated Income Statement
Consolidated Balance Sheet
Consolidated Cash Flow Statement
Finnair Oyj Income Statement
Finnair Oyj Balance Sheet
Finnair Oyj Cash Flow Statement
Notes
Shares and Shareholders
Proposal Concerning Disposal of the Profit
Statement of the Supervisory Board
Auditors Report
Key Figures 1998/99-2002
Formula for ratios

Proposal of the Board of Directors

The Group's distributable equity according to the financial statements on December 31, 2002 amounts to 322.5 million euros while the distributable equity of the parent company comes to 307.7 million euros.

The Board of Directors proposes to the Annual General Meeting that a dividend of 0.15 euros per share be distributed, a total of 12.7 million euros, and that the remainder of the distributable equity be carried over as retained earnings.

Helsinki, February 19, 2003

The Board of Directors of Finnair Oyj

Christoffer Taxell
Kari Jordan
Samuli Haapasalo
Ari Heiniö
Antti Satuli
Helena Terho
Kaisa Vikkula

President & CEO, Finnair Oyj

Keijo Suila