Alma Media - Changes in company's own shares

Alma Media to acquire its own shares to implement its share-based incentive programme

Alma Media Corporation           Stock Exchange Release                  22
March 2017   at 4:30 p.m.

ALMA MEDIA TO ACQUIRE ITS OWN SHARES TO IMPLEMENT ITS SHARE-BASED INCENTIVE
PROGRAMME

In its constitutive meeting, Alma Media Corporation’s Board of Directors has
decided to use the buyback authorisation for Alma Media’s shares granted by the
Annual General Meeting on 22 March 2017. The buyback programme will be initiated
at the earliest on 23 March 2017 and terminated on 31 October at the latest. The
acquired shares will be used to implement the company’s share-based incentive
programme. The number of shares to be acquired is a maximum of 230,000 shares,
which represents approximately 0.28 per cent of all Alma Media shares.

The company’s own shares shall be acquired using the company’s non-restricted
shareholders’ equity at the market price valid at the time of purchase of the
shares through trading in a regulated market arranged by NASDAQ Helsinki Oy, and
the shares are purchased otherwise than in proportion to shareholders’ current
holdings. The shares are acquired and paid for according to the rules and
instructions of NASDAQ Helsinki Oy and Euroclear Finland Ltd.

Alma Media’s Board of Directors is authorised to acquire a total of 824,000
shares in one or several lots. The authorisation is effective until the end of
the Annual General Meeting of 2018.

Alma Media has previously acquired its own shares over the period 22 February–21
March 2017 based on an authorisation granted by the Annual General Meeting. The
authorisation expired at the 2017 Annual General Meeting held on 22 March 2017.
Following transactions completed on 21 March 2017, the number of shares held by
the company is 62 000.

For more information, please contact: Mikko Korttila, General Counsel, Alma
Media Corporation, tel. +358 10 665 2201

ALMA MEDIA CORPORATION
Rauno Heinonen
Vice President, Corporate Communications and IR

DISTRIBUTION: NASDAQ Helsinki, main media, www.almamedia.fi

Alma Media in brief

Alma Media is a media company focusing on the service business and journalistic
content. The company’s best-known brands are Kauppalehti, Talouselämä,
Affärsvärlden, Iltalehti, Aamulehti, Etuovi.com and Monster. Alma Media builds
sustainable growth for its customers by utilising the opportunities of
digitality, including information services, system and expert services and
advertising solutions. Alma Media’s operations have expanded from Finland to the
Nordic countries, the Baltics and Central Europe. Alma Media employs
approximately 2,300 professionals (excluding delivery personnel), of whom
approximately 30% work outside Finland. Alma Media’s revenue in 2016 was EUR
353.2 million. Alma Media’s share is listed on Nasdaq Helsinki. Read more at
www.almamedia.com.