Sanoma Oyj - Tender offer

Sanoma completes the divestment of movie operations

Stock Exchange Release 29/4/2011  13:30

Sanoma announced the divestment of its movie operations to the Swedish private
equity company Ratos AB on 21 March 2011. Both the Finnish and Latvian
competition authorities have given their approval of the transaction and the
deal is now completed.

The enterprise value of the transaction is EUR 116.0 million. Sanoma will record
a non-recurring capital gain of approximately EUR 50 million in its second
quarter 2011 result.

Sanoma Corporation



Kim Ignatius
Chief Financial Officer

Additional information:

Sanoma's Investor Relations, Kare Laukkanen tel. +358 105 19 5064 and Anna
Tuominen tel. +358 105 19 5066 or ir@sanoma.com

Sanoma.com

Sanoma inspires, informs and connects. As a diversified media group, we bring
information, experiences, education and entertainment to millions of people
every day. We make sure that quality content and interesting products and
services are easily available and meet the demands of our readers, viewers and
listeners. We offer a challenging and interesting working environment for nearly
20,000 people in over 20 countries throughout Europe. In 2010, the Group's net
sales totalled EUR 2.8 billion.


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