Talentum Oyj - Company Announcement

ALMA MEDIA HAS RECEIVED A DEMAND TO CONVENE AN EXTRAORDINARY GENERAL MEETING

Talentum Oyj Stock Exchange Release 22 December 2008 at 15.00 p.m.              

ALMA MEDIA HAS RECEIVED A DEMAND TO CONVENE AN EXTRAORDINARY GENERAL MEETING    

Alma Media Corporation has today announced by Stock Exchange Release that it    
has received on 21 December 2008 a letter from Oy Herttaässä Ab, addressed to   
the Board of Directors of Alma Media Corporation, where it requests that the    
Board of Directors of Alma Media Corporation convenes an Extraordinary General  
Meeting to consider, among other things, the possibility to merge Alma Media    
Corporation and Talentum Oyj.                                                   

Alma Media Corporation's Stock Exchange Release is in full after this release.  


TALENTUM OYJ                                                                    
Juha Blomster, CEO                                                              

For further information, please contact: 
Lasse Rosengren, General Counsel, tel. 020 442 4204                             
Distribution:                                                                   
NASDAQ OMX Helsinki                                                             
Principal Media                                                                 


“Alma Media Corporation Stock Exchange Release22 December 2008 at 11:40         
ALMA MEDIA HAS RECEIVED A DEMAND TO CONVENE AN EXTRAORDINARY GENERAL MEETING 
On 21                                      
December 2008 Alma Media received a letter from Oy Herttaässä Ab, addressed to  
the Board of Directors of Alma Media Corporation. The letter is presented below 
unabridged.                                                                     

Demand to convene an Extraordinary General Meeting                              

Alma Media's shareholder Oy Herttaässä Ab (0761658-8) that holds over 10% of
the shares in Alma Media Corporation requests that the Board of Directors of
Alma Media   Corporation convenes an Extraordinary General Meeting (EGM)soonest
to consider 
and resolve the following matters:                                              
1. Composition of the Board of                                                  
Directors:                                                                      
Herttaässä proposes that the composition of the Board of Directors              
shall be discussed and changed at the EGM.                                      
2. Repurchase of Alma Media's own                                               
shares:                                                                         
The EGM is proposed to authorize the Board of Directors of Alma Media,          
inaccordance with Chapter 15, Section 5 of the Finnish Companies Act, to decide 
to repurchase 10% of the company's own shares (7,461,200 shares).               
The company's own shares would be repurchased with the unrestricted
shareholders' equity, at the prevailing market price on NASDAQ OMX Helsinki Oy.
The own shares      repurchased for Alma Media can be retained by the company,
canceled or further 
assigned.                                                                       
The authorization is proposed to be valid until 31 August 2009.                 
3.                                                                              
Mergers and acquisitions:                                                       
Herttaässä proposes that the EGM considers the 
possibility to merge Alma Media Corporation and Talentum Oyj. The EGM should    
consider the shareholder benefits and implementation methods of the merger.An   
option for the implementation of the said merger would be an exchange offer for 
the shareholders of Talentum Oyj. Herttaässä proposes that the exchange ratio   
should be 3:1 - with three (3) Talentum shares a shareholder would receive one  
(1) Alma Media share.                                                           
Herttaässä proposes that the EGM resolves to merge Alma                         
Media Corporation and Talentum Oyj, provided that the shareholders of           
TalentumOyj approve the proposed exchange offer.                                
Helsinki 18 December 2008                                                       
OY HERTTAÄSSÄ AB 
Kai Mäkelä                                                                      

Kauppalehti Oy, a subsidiary of Alma Media Corporation,                         
holds 29.9% of the shares of Talentum Oyj. "There are no merger negotiations    
going on between Alma Media and Talentum", says Kai Telanne, President & CEO of 
Alma Media Corporation.                                                         

Oy Herttaässä Ab holds currently 13.54% of Alma Media                           
shares. The Board of Directors of Alma Media will discuss the received letter of
demand in the manner provided by the Finnish Companies Act. Alma Media will     
disclose immediately the decisions potentially taken in the matter.             

ALMA MEDIA CORPORATION 
Rauno Heinonen, Vice President, Corporate Communications & IR                   
For further information, please contact: 
Mikko Korttila, General Counsel, tel. +358 10665 2201 
Rauno Heinonen, Vice President, Corporate Communications & IR, tel.             
+358 10665 2251                                                                 

Distribution:                                            
NASDAQ OMX Helsinki                                                             
Principal media                                                                 

Alma Media in brief 
Alma Media is a profitably growing 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                                                                    
2007 totalled EUR 329 million and the operating margin was over 19%. The        
company's share is listed in the Mid Cap segment of the Nasdaq OMX Helsinki.”