Alma Media - Company Announcement

ALMA MEDIA ADJUSTS ITS FORECAST FOR THE LAST QUARTER 2009 OPERATING PROFIT

Alma Media Corporation   Stock Exchange Release   17 December 2009 at 11.50

ALMA MEDIA ADJUSTS ITS FORECAST FOR THE LAST QUARTER 2009 OPERATING PROFIT

Alma Media estimates that its comparable operating profit of the last quarter
2009 will be slightly above the operating profit of the last quarter 2008 (9.5
MEUR). Alma Media estimated in October 2009 that the comparable operating
profit for the last quarter will approach the level of the period for
comparison. The company repeats its estimate that the full year's comparable
net sales and operating profit will be lower than in 2008. 

The more favourable operating profit development is based on the better than
estimated advertising sales in some of Alma Media's largest newspapers in
November. Also the estimates regarding the December advertising sales have
improved. 


Alma Media Corporation
Rauno Heinonen
Vice President, Corporate Communications and IR


For further information, please contact:

Kai Telanne, President & CEO, tel. +358 10 665 3500
Tuomas Itkonen, CFO, tel. +358 10 665 2244

Distribution:
NASDAQ OMX Helsinki
Main media


Alma Media in brief

Alma Media is a profitable and internationally expanding company that invests
in the future of newspapers and online media. Its best known products are the
Aamulehti, Iltalehti, Kauppalehti and Etuovi.com. 
Net sales in 2008 totalled EUR 341 million and the operating margin was over
14%. The company's share is listed in the Mid Cap segment of the NASDAQ OMX
Helsinki. Please visit www.almamedia.com for further information.