Merger Of Alma Media Subsidiaries Completed

Helsinki, Finland, Jan 2, 2008 - (Hugin via ABN Newswire) - ALMA MEDIA CORPORATION STOCK EXCHANGE RELEASE 2.1.2008, at 14.00



MERGER OF ALMA MEDIA SUBSIDIARIES COMPLETED

The mergers of Alma Media Corporation and its subsidiaries Suomalainen Lehtipaino Oy, Alpress Oy and Marcenter Oy have been completed as planned. The mergers were entered in the Trade Register on 31st December 2007.

The Boards of Directors of Alma Media Corporation and its subsidiary companies Suomalainen Lehtipaino Oy, Alpress Oy and Marcenter Oy signed on May 28 2007 a merger plan according to which Suomalainen Lehtipaino, Alpress and Marcenter will merge with their parent company Alma Media Corporation. The merger plan was entered to Trade Register on 19 June 2007. The aim of the mergers is to clarify corporate structure.

Alma Media Corporation

Rauno Heinonen VP, Corporate Communications and IR

For more information, please contact

Teemu Kangas-Kärki, CFO, tel. +358 10 665 2244, or email teemu.kangas-karki@almamedia.fi

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 totaled 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

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Alma Media Oyj

http://www.almamedia.fi

ISIN: FI0009013114

Stock Identifier: XHEL.ALN1V