Sanoma Oyj - Company Announcement

Sanoma plans to reorganise Dutch magazine distribution business Aldipress to concentrate on its commercial activities

Sanoma Corporation, Stock Exchange Release, 11 April 2014 at 16:30 CET+1

Sanoma plans to reorganise the Dutch magazine distribution operations as part
of the strategic redesign communicated on 31 October 2013. 

Aldipress, the Dutch magazine distribution and trade marketing company that is
part of Sanoma, will further concentrate on its commercial activities for
publishers as well as retailers. At the same time the company intends to close
down its logistics centre in Duiven and outsource its logistics and transport
activities to Media Logistics. The company concluded that the intended measures
have become imperative, given the expected continuation of the decline of
newsstand sales of magazines in the Netherlands. 

By outsourcing the logistic and transport streams to Media Logistics, Aldipress
envisages more efficient and sustainable logistics in the magazine distribution
value chain. The focus on the commercial activities allows Aldipress to
continue adding value to the magazine portfolio of publishers and strengthening
the magazine product category in retail. 

Aldipress will discuss the proposed measures in a consultation process with the
workers council. The closing of the logistics centre is estimated to lead to
around 130 redundancies. A social plan will be discussed with trade unions in
the upcoming period. 

Aldipress expects to be able to finalise the closure of Duiven as well as the
transition to Media Logistics by the end of 2014. 

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 

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