Sanoma Oyj - Company Announcement

Sanoma is selling its Hungarian media operations

Sanoma Corporation, Stock Exchange Release, 24 April 2014 at 15:30 CET+1

Sanoma is selling Sanoma Media Budapest, one of the leading magazine and online
publishers in Hungary, to Centrál Group. This transaction marks the departure
of Sanoma from the Hungarian market. 

Sanoma and Centrál have signed a sale and purchase agreement on the sale of
Sanoma Media Budapest Zrt group. The closing of the deal is subject to the
approval of the competition authorities. 

In 2013 the net sales for Sanoma's Hungarian media operations totalled some EUR
60 million. Sanoma estimates that it will book at the closing a non-recurring
capital gain of around EUR 11 million. The divestment is in line with Sanoma's
strategy to focus its operations and divest selected ownerships. 

Additional information
For media inquiries
Sanoma's Group Communications, Robin Janszen, tel. +31 6 2293 2643 or
communications@sanoma.com 

Sanoma's Investor Relations, Olli Turunen, tel. +358 40 552 8907 or
ir@sanoma.com 

Sanoma.com

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Sanoma is a front running consumer media and learning company in Europe. In
Finland and the Netherlands we are the market leading media company with a
broad presence across multiple platforms. Our main markets in learning are
Belgium, Finland, the Netherlands, Poland and Sweden. In 2013, Sanoma's net
sales totalled EUR 2.1 billion. Sanoma is listed on the NASDAQ OMX Helsinki
stock exchange.