Talentum Oyj - Company Announcement

TALENTUM BOARD MAKES PRELIMINARY ASSESSMENT OF ALMA MEDIA TENDER OFFER

TALENTUM OYJ	STOCK EXCHANGE RELEASE  AUGUST 12, 2009 AT 5.20 pm

TALENTUM BOARD MAKES PRELIMINARY ASSESSMENT OF ALMA MEDIA TENDER OFFER

The Board of Directors of Talentum Oyj (“Talentum” or “company”) has made a
preliminary assessment of Alma Media Corporation's (“Alma Media”) mandatory
public tender offer (“Tender offer”), which was reported in a stock exchange
release on 10 August 2009. The tender offer and trading which led to it were
realised without the involvement of the Talentum Board of Directors and without
contacting the Board beforehand. 

The Talentum Board of Directors states that the offered price - EUR 1.85 per
share - comprehends only a small premium compared to Talentum's recent share
price (according to Alma Media, 6.3% over the closing trading price of 7 August
2009). The premium is small compared to previous realised tender offers, and
especially compared to the most recent realised tender offers. Furthermore, the
Board states that Talentum's share price is currently at a historical low. 

The Board will continue evaluating the Tender offer and analyse other
alternatives available to the company. The Board will immediately nominate
advisers. 

In accordance with the Securities Market Act the Board will make its statement
on the Tender offer after the tender offer document has been published. 
TALENTUM OYJ
Tuomo Saarinen
Chairman of the Board

Further information
Tuomo Saarinen, Chairman of the Board, tel. +358 500223970


Distribution
NASDAQ OMX Helsinki
Principal media