Alma Media Oyj (HEL:ALN1V) Alma Media Corporation Stock Exchange Release 1 October 2008 at 13:50

RECRUITMENT OF THE EDITOR-IN-CHIEF OF LAPIN KANSA TO CONTINUE AT ALMA MEDIA

The Board of Directors of Alma Media Corporation has decided to terminate the management contract of Johanna Korhonen, who was appointed Editor-in-Chief for Lapin Kansa newspaper. Alma Media restarts the recruitment process for the position immediately.

Serious lack of trust developed after the signing of the contract prevents Ms Korhonen to act as the Editor-in-Chief at Lapin Kansa.

ALMA MEDIA CORPORATION Rauno Heinonen Vice President, Corporate Communications and IR

Distribution: Helsinki Stock Exchange, principal media

Alma Media in brief

Alma Media is a profitably growing and internationally expanding company that invests in the future of newspapers and online media. Its best known products are the Aamulehti, Iltalehti, Kauppalehti and Etuovi.com.

Net sales in 2007 totalled EUR 329 million and the operating margin was over 19%. The company's share is listed in the Mid Cap segment of the OMX Exchange's Nordic List, trading code ALN1V.

Alma Media Oyj

http://www.almamedia.fi

ISIN: FI0009013114

Stock Identifier: XHEL.ALN1V

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