Talentum Oyj - Company Announcement

ALMA MEDIA CORPORATION EXTENDS THE EXTENDED OFFER PERIOD OF THE TENDER OFFER MADE FOR SHARES IN TALENTUM OYJ TO END ON 16 NOVEMBER 2009 AT 4:00 P.M

Talentum Oyj 	Company Announcement   October 14, 2009 at 10.00 am               

ALMA MEDIA CORPORATION EXTENDS THE EXTENDED OFFER PERIOD OF THE TENDER OFFER    
MADE FOR SHARES IN TALENTUM OYJ TO END ON 16 NOVEMBER 2009 AT 4:00 P.M          


Alma Media Corporation (“Alma Media”) has made a mandatory tender offer (“Tender
offer”) for all of the shares in Talentum Oyj (“Talentum”). The cash            
consideration offered for the shares is EUR 1.85 per each share in Talentum. The
Tender offer has commenced on 19 August 2009 at 9.30 a.m. (Finnish time) and    
ends on 15 September 2009 at 4.00 p.m. (Finnish time), unless the offer period  
is extended in accordance with the terms and conditions of the mandatory Tender 
offer. The Finnish Financial Supervisory Authority has on 17 August 2009        
approved the offer document regarding the mandatory Tender offer published by   
Alma Media on 19 August 2009. The Board of Directors of Talentum Oyj issued on  
September 4, 2009 the statement referred to in Chapter 6 Section 6 of the       
Finnish Securities Market Act regarding the mandatory tender offer published by 
Alma Media on 10 August 2009 concerning the shares in Talentum.                 

Alma Media published a stock exchange release on 9 September 2009 informing that
the Competition Authority has referred the Tender Offer to continued            
consideration. The continued consideration may last three months at most.       

Alma Media published a stock exchange release on 14 September 2009 informing    
that it has decided to extend the Offer Period of the Tender Offer by one month,
to end on 15 October 2009 at 4:00 p.m. (Finnish time) (the “Extended Offer      
Period”).                                                                       

Alma Media has disclosed in its company announcement today as follows: 
The continued consideration of the Competition Authority is still pending and   
according to the information received, the decision will not be made prior to   
the expiry of the Extended Offer Period on 15 October 2009. Consequently, Alma  
Media has, in accordance with the terms and conditions of the Tender Offer,     
decided to extend the Extended Offer Period of the Tender Offer to end on 16    
November 2009 at 4:00 p.m. (Finnish time).                                      

The company announcement of Alma Media Corporation on October 14, 2009 is in    
full after this company announcement.                                           

TALENTUM OYJ                                                                    
Juha Blomster                                                                   
CEO                                                                             

Further information:                                                            
Tuomo Saarinen, Chairman of the Board of Directors, tel. +358 500 223 970       

DISTRIBUTION                                                                    
NASDAQ OMX Helsinki                                                             
Principal media                                                                 

“Alma Media Corporation   Stock Exchange Release   14 October 2009 at 9:00      

ALMA MEDIA CORPORATION EXTENDS THE EXTENDED OFFER PERIOD OF THE TENDER OFFER    
MADE FOR SHARES IN TALENTUM OYJ TO END ON 16 NOVEMBER 2009 AT 4:00 P.M          

Alma Media Corporation (“Alma Media”) announced on 10 August 2009 that it will  
make a mandatory public tender offer for all of the issued and outstanding      
shares in Talentum Oyj (“Talentum”) (the “Tender Offer”). The consideration     
offered for each share in Talentum validly tendered in accordance with the terms
and conditions of the Tender Offer is EUR 1.85 in cash.                         

The Tender Offer commenced on 19 August 2009 at 9:30 a.m. (Finnish time) and was
announced to end on 15 September 2009 at 4:00 p.m. (Finnish time) unless the    
Tender Offer is extended or discontinued in accordance with its terms and       
conditions (the “Offer Period”). According to the terms and conditions of the   
Tender Offer, the Tender Offer is subject to that all regulatory approvals and  
other permits and approvals required for the completion of the Tender Offer,    
including clearances from competition authorities, have been received on terms  
and conditions that are acceptable to Alma Media (the “Condition to Complete”). 
Alternatively, Alma Media may, to the extent possible under the law, waive this 
precondition for the completion. In addition, it is stated in the terms and     
conditions of the Tender Offer that if the Condition to Complete is not         
fulfilled due to a specific obstacle, such as pending competition law           
proceedings, Alma Media may extend the Offer Period until the obstacle has been 
removed and Alma Media has had reasonable time to respond to the situation.     

Alma Media published a stock exchange release on 9 September 2009 informing that
the Competition Authority has referred the Tender Offer to continued            
consideration. In addition, Alma Media published a stock exchange release on 14 
September 2009 informing of its decision to extend the Offer Period of the      
Tender Offer by one month, to end on 15 October 2009 at 4:00 p.m. (Finnish time)
(the “Extended Offer Period”).                                                  

The continued consideration of the Competition Authority is still pending and   
according to the information received, the decision will not be made prior to   
the expiry of the Extended Offer Period on 15 October 2009. Consequently, Alma  
Media has, in accordance with the terms and conditions of the Tender Offer,     
decided to extend the Extended Offer Period of the Tender Offer to end on 16    
November 2009 at 4:00 p.m. (Finnish time).                                      

According to the terms and conditions of the Tender Offer, should the Offer     
period be extended so that its duration exceeds 10 weeks, the acceptance made in
accordance with the terms and conditions of the Tender Offer can be withdrawn   
during the period of time of the Offer Period exceeding 10 weeks pursuant to the
terms and conditions of the Tender Offer. The Offer Period exceeds 10 weeks on  
28 October 2009.                                                                

In case the Condition to Complete is not fulfilled during the Extended Offer    
Period, Alma Media may, according to the terms and conditions of the Tender     
Offer, decide to further extend the Offer Period by announcing that within the  
Extended Offer Period. Alma Media may also discontinue the Extended Offer Period
by informing of that five (5) banking days before the end of the Extended Offer 
Period at the latest, in case the Offer Period has not exceeded 10 weeks. If the
Offer Period exceeds 10 weeks, the discontinuance of the Extended Offer Period  
must be informed two weeks prior to the expiry of the Extended Offer Period.    


Alma Media Corporation                                                          
Rauno Heinonen                                                                  
Corporate Communications and IR                                                 

Additional information:                                                         
Kai Telanne, President and CEO, tel. +358 10665 3500                            

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 (ALN1V) is listed on the NASDAQ OMX Helsinki stock     
exchange.                                                                       


This release may not be released or otherwise distributed, in whole or in part, 
in or into Australia, Hong Kong, Japan, South Africa, Canada or the United      
States. This release is not a tender offer document and as such does not        
constitute an offer or invitation to make a sales offer. Investors shall accept 
the Tender Offer for the shares only on the basis of the information provided in
a tender offer document. Offers will not be made directly or indirectly in any  
jurisdiction where either an offer or participation therein is prohibited by    
applicable law or where any tender offer document or registration or other      
requirements would apply in addition to those undertaken in Finland.            

The Tender Offer is not being made in any jurisdiction where prohibited by      
applicable law and the tender offer document and related acceptance forms will  
not and may not be distributed, forwarded or transmitted into or from any       
jurisdiction where prohibited by applicable law. In particular, the Tender Offer
is not being made, directly or indirectly, in or into, or by use of the postal  
service of, or by any means or instrumentality (including, without limitation,  
facsimile transmission, telex, telephone or the Internet) of interstate or      
foreign commerce of, or any facilities of a national securities exchange of,    
Australia, Hong Kong, Japan, South Africa, Canada or the United States. The     
Tender Offer cannot be accepted by any such use, means or instrumentality or    
from within Australia, Hong Kong, Japan, South Africa, Canada or the United     
States.”