Alma Media - Inside information

The outcome of Alma Media Corporation’s impairment tests for 2017

Alma Media Corporation   Stock exchange release December 18, 2017 at 2.30 p.m.
(EET)

THE OUTCOME OF ALMA MEDIA CORPORATION’S IMPAIRMENT TESTS FOR 2017

Alma Media has completed its regular annual goodwill impairment tests for the
Group. As a result of the tests, the company will recognise in its consolidated
financial statements a total of EUR 4.0 million in impairment in the fourth
quarter of 2017. The impairment is directed at investment properties.

The write-down will be reported in Alma Media’s fourth quarter financial result
as an adjusted item. Alma Media will publish its interim report for the fourth
quarter and its Financial Statement Release for 2017 on 14 February 2018. The
company maintains the outlook issued in the interim report dated 27 October
2017, according to which its full-year revenue is expected to remain at the same
level as in 2016 and its adjusted operating profit is expected to increase
clearly from the 2016 level.

ALMA MEDIA CORPORATION

Elina Kukkonen

Senior Vice President, Communications and Brand

Further information:

Juha Nuutinen, CFO, Alma Media Corporation, tel. +358 50 438 0984

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.