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Sanoma sells its learning operations in Hungary

Sanoma Corporation, Stock Exchange Release, 8 October 2013 at 16:00 CET+1

Sanoma has today sold its learning operations, NTK Educational Holding Zrt, in
Hungary to a consortium of members of the management team. 

“The divestment of our learning operations in Hungary is related to a long
period of adverse conditions in the Hungarian education market. The transaction
in Hungary does not change our focus on consumer media and learning,” says
Harri-Pekka Kaukonen, President and CEO of Sanoma Corporation. 

In 2012, the net sales for NTK Educational Holding Zrt totalled some EUR 21
million. As a result of the transaction, Sanoma will book in the third quarter
of 2013 a non-recurring capital loss of around EUR 23 million. 

Additional information
Sanoma's Investor Relations, Martti Yrjö-Koskinen, tel. +358 40 684 4643 or
ir@sanoma.com 

For media inquiries
Sanoma's Group Communications, Robin Janszen, tel. +316 2293 2643 or
communications@sanoma.com 

For media inquiries in Finland
Sanoma's Group Communications, Hanna Johde, tel. +358 40 673 8977 or
hanna.johde@sanoma.com 

Sanoma.com

Get the world. Sanoma helps people access and understand the world. Sanoma is a
front runner in consumer media and learning in Europe. We employ around 10,000
professionals in more than 10 countries. In 2012, the Group's net sales
totalled EUR 2.4 billion. Sanoma's share is listed on the NASDAQ OMX Helsinki.