Alma Media - Company Announcement

Nordea's holding in Alma Media remains above 15 %

ALMA MEDIA CORPORATION   STOCK EXCHANGE ANNOUNCEMENT  21 Jan 2008, at
16.40


NORDEA'S HOLDING IN ALMA MEDIA REMAINS ABOVE 15 %

The company has received information to the effect that the Swedish
corporation Nordea Bank AB (publ) (business ID code 516406-0120)
ownership in Alma Media has not changed according to the announcement
on 28.12.2007.

In the announcement, Nordea Bank AB told that when the forward
contracts mature in January 2008, the joint ownership of Nordea Group
and the Finnish Nordea Bank Suomi Oyj (business ID 1680235-8) in Alma
Media would fall below 3/20.

Nordea Bank AB announces that the forward contracts, due to mature
January 2008, have been extended to longer maturities and that the
holding of Nordea Group and Nordea Pankki Suomi Oyj in Alma Media
Corporation has thus not fallen under 3/20 but remains above that.

Nordea Pankki Suomi Oyj presently holds 12.776.362 shares,
representing 17.12 % of Alma Media's share capital and voting rights.

Furthermore, Nordea Life Assurance Finland Ltd. (business ID
0927072-8), a subsidiary of the Nordea Group, owns 281.736 Alma Media
shares, representing 0.38% of the share capital and votes.

Altogether, Nordea Group owns 13.058.098 Alma Media shares, or 17.50
% of the share capital and votes.
Nordea Pankki Suomi Oyj, according to previously announced, has made
forward contracts on Alma Media Corporation shares. The deals have
been made on the Stock Exchange with brokerage firms. Of those,
103.233 contracts (10.323.300 shares) mature in February 2008 and
24.530 contracts (2.453.000 shares) mature in March 2008. As the
forward contracts mature in February 2008, the holding of Nordea
Pankki Suomi Oyj and Nordea Group will fall below 1/20.

Nordea Pankki Suomi Oyj has acquired the Alma Media Corporation
shares it now owns as part of its liquidity guarantee business.
ALMA MEDIA CORPORATION

Rauno Heinonen
VP, Corporate Communications and IR

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