Alma Media - Company Announcement

Kauppalehti personnel negotiations completed

ALMA MEDIA CORPORATION           PRESS RELEASE 26 FEB 2007, 4.00 P.M.
EET  1 (1)

KAUPPALEHTI PERSONNEL NEGOTIATIONS COMPLETED

Kauppalehti Oy has now completed the negotiations it started with its
personnel representatives at the beginning of January. A new
organization has been devised for Kauppalehti's editorial desks that
will support multimedia working more effectively. Likewise the
operations of the company's business departments have been
reorganized and streamlined. Owing to these changes the company will
reduce its personnel by 22 employees. A further 11 employees have
left the company during the personnel negotiations.

The personnel reductions will reduce annual costs by altogether
roughly EUR 1.9 million. Kauppalehti group entered a provision of EUR
1.1 million in its fourth-quarter 2006 accounts to cover the one-time
personnel reorganization costs.


Further information:

Juha-Petri Loimovuori, Head of Kauppalehti group, tel. +358
(0)500-511 036
Hannu Leinonen, Editor-in-Chief, Kauppalehti, tel. +358 (0)40-535
1867

DISTRIBUTION: Helsinki Exchanges, principal media

Alma Media is a profitably growing and internationally expanding
company that invests in the future of newspapers and the online
media. Its best known products are Aamulehti, Iltalehti, Kauppalehti
and Etuovi.com.

Net sales in 2006 totalled EUR 302 million and the operating margin
was 16 %. The company's share is listed in the Mid Cap segment of the
OMX Nordic Exchange's Nordic List, trading code ALN1V. More
information at http://www.almamedia.fi/home