2009-11-06 08:55:00 CET

2009-11-06 08:57:11 CET


REGULATED INFORMATION

English
Alma Media - Tender offer

The Finnish Competition Authority approved the Talentum acquisition by Alma Media



Alma Media Corporation   Stock Exchange Release   6 November 2009 at
9:55 a.m.

THE FINNISH COMPETITION AUTHORITY APPROVED THE TALENTUM ACQUISITION
BY ALMA MEDIA

NOT FOR DISTRIBUTION IN AUSTRALIA, HONG KONG, JAPAN, SOUTH AFRICA,
CANADA OR THE UNITED STATES

Alma Media Corporation ("Alma Media") announced on 10 August 2009
that it will make a mandatory tender offer for all of the issued and
outstanding shares in Talentum Oyj ("Talentum") (the "Tender Offer").
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) (the "Offer Period") unless the Tender Offer is
extended or discontinued in accordance with its terms and conditions.

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 Condition to Complete. 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"). As the continued consideration of the Competition Authority
was still pending and, according to the information received, the
decision was not to be received prior to the expiry of the Extended
Offer Period on 15 October 2009, Alma Media informed on 14 October
2009 of its decision to extend the Extended Offer Period of the
Tender Offer to end on 16 November 2009 at 4:00 p.m. (Finnish
time).

Alma Media has today been informed that the Finnish Competition
Authority has approved, by its decision dated 6 November 2009, the
Talentum acquisition by Alma Media. The approval does not include any
terms or conditions. Alma Media is not aware of any other regulatory
approvals that are necessary with respect to the Tender Offer and the
Condition to Complete has thus been fulfilled. As previously
informed, the Tender Offer will end on 16 November 2009 at 4:00 p.m.
(Finnish time).


Alma Media Corporation
Rauno Heinonen
Corporate Communications and IR

Additional information:
Kai Telanne, President and CEO, tel. +358 10 665 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 is listed in the Mid Cap segment of
the NASDAQ OMX Helsinki. Please visit www.almamedia.com for further
information.

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.