Alma Media - Total number of voting rights and capital

The increase of Alma Media Corporation's share capital based on option programme 2006B

Alma Media Corporation   Stock exchange release   March 23, 2011 at 9:30 (EET)

THE INCREASE OF ALMA MEDIA CORPORATION'S SHARE CAPITAL BASED ON OPTION PROGRAMME
2006B

The stock option rights granted under Alma Media Corporation's option programme
2006B have been used to subscribe to a total of 77,000 new Alma Media
Corporation shares by March 4, 2011. Based on these subscriptions, a total of
EUR 46,200 will be recorded in the company's share capital and EUR 589,050 in
the share premium fund.

The increase in share capital has been entered in the Trade Register today.
Public trading of the new shares will commence on NASDAQ OMX Helsinki Stock
Exchange together with the old shares on March 24, 2011.

In accordance with the terms and conditions of Alma Media's 2006 option
programme, the share subscription price for the 2006B option rights was EUR
8.25 per share and the book countervalue EUR 0.60 per share. As a result of the
share subscriptions made with the 2006B option rights, the registered share
capital of Alma Media Corporation rose to EUR 45,077,713.80.

After the increase in share capital, the total number of Alma Media
Corporation's shares is 75,129,523.

The terms and conditions of the stock option programme 2006 can be viewed at
Alma Media website, www.almamedia.fi/option_programmes.

During 2011, the timetable for share subscriptions based on option programme
2006 is as follows:

Share subscription deadline Entry into the Trade Register  New shares tradable

30 Apr 2011                  17 May 2011                   18 May 2011

  19 Jul 2011                4 Aug 2011                    5 Aug 2011

 25 Oct 2011                 10 Nov 2011                   11 Nov 2011

19 Dec 2011                  5 Jan 2012                    6 Jan 2012



Dividend rights of the shares and other shareholder rights commence after the
increase in share capital has been entered in the Trade Register. After
subscription, the shares shall have the same dividend rights as other Alma Media
shares.

Alma Media Corporation
Rauno Heinonen
Vice President, Corporate Communications and IR

Further information:
Tuomas Itkonen, CFO, tel. +358 10 665 2244



Distribution: NASDAQ OMX Helsinki, main media

Alma Media in brief

Alma Media is a dynamic media company whose best-known products are Aamulehti,
Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs approximately 2,800
professionals. The company's net sales in 2010 totalled MEUR 311.4 with an
operating margin of 13.9 per cent. Alma Media's share (ALN1V) is listed in the
NASDAQ OMX Helsinki Exchange. Read more at www.almamedia.fi


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