Alma Media - 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 PM

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.