The Finnish Competition and Consumer Authority has approved the combination of Alma Media and Talentum

and Alma Media proceeds with the completion of the exchange offer
Alma Media Corporation     Stock Exchange Release                           30
October 2015 at 1.20 pm (EET)

The Finnish Competition and Consumer Authority has approved the combination of
Alma Media and Talentum and Alma Media proceeds with the completion of the
exchange offer

This stock exchange release may not be published or distributed, in whole or in
part, directly or indirectly, in the United States of America, Australia,
Canada, Hong Kong, Japan, New Zealand, South Africa, or any other country where
such publication or distribution would violate applicable regulation or would
require additional measures in addition to the requirements under Finnish law.

Today, Alma Media Corporation (“Alma Media”) has received the required
regulatory competition approval from the Finnish Competition and Consumer
Authority for the combination of Alma Media and Talentum Corporation
(“Talentum”)

Alma Media has received the Finnish Competition and Consumer Authority’s
approval for the combination with Talentum. No further regulatory competition
approvals are necessary for the completion of the exchange offer.

Alma Media proceeds with the exchange offer to Talentum’s shareholders and
option right holders

The offer period of the exchange offer in which Alma Media offers to acquire all
of the outstanding shares and option rights of Talentum not owned by Talentum or
its subsidiaries will expire on 12 November 2015. The completion of the
transaction is subject to the satisfaction of the remaining conditions to
completion of the exchange offer or the waiver by Alma Media of the conditions
to completion in accordance with the terms and conditions of the exchange offer.

ALMA MEDIA CORPORATION
BOARD OF DIRECTORS

Further information:

Mikko Korttila, General Counsel, tel. +358 (0)10 665 2201

Distribution: NASDAQ OMX Helsinki Ltd, Main Media, www.almamedia.fi

Alma Media in brief

Alma Media is a media group focusing on digital services and publishing. In
addition to news services, the company's products provide useful information
related to lifestyle, career, and business development. The services of Alma
Media have expanded from Finland to the Nordic countries, the Baltics, and
Central Europe. In 2014, the company employed, on average, 1,830 professionals
(excluding distributors), of whom approximately one quarter worked outside
Finland. Alma Media’s revenue in 2014 totalled approximately EUR 295 million.
The company's share is listed on NASDAQ OMX Helsinki Ltd. For more information
please visit our website: www.almamedia.fi.

Important Notice

This release may not be released or otherwise distributed, in whole or in part,
in or into the United States of America, Australia, Canada, Hong Kong, Japan,
New Zealand or South Africa or any other jurisdiction where prohibited by
applicable laws or rules. This release is not a share exchange offer document or
a prospectus and as such does not constitute an offer or invitation to make a
sales offer. Investors shall accept the exchange offer for the shares only on
the basis of the information provided in an exchange offer document and
prospectus in respect of the exchange offer. Offers will not be made directly or
indirectly in any jurisdiction where either an offer or participation therein is
prohibited by applicable law or where any exchange offer document or
registration or other requirements would apply in addition to those undertaken
in Finland.

The exchange offer document and prospectus in respect of the exchange offer as
well as related acceptance forms will not and may not be distributed, forwarded,
or transmitted into, in, or from any jurisdiction where prohibited by applicable
law. In particular, the exchange offer is not being made, directly or
indirectly, in or into, Australia, Canada, Hong Kong, Japan, New Zealand, South
Africa, or the United States of America. The exchange offer cannot be accepted
from within Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, or
the United States of America.

Alma Media's shares have not been and will not be registered under the U.S.
Securities Act of 1933, as amended (the “Securities Act”), or under any of the
relevant securities laws of any state or other jurisdiction of the United States
of America. Alma Media's shares may not be offered or sold in the United States,
except pursuant to an exemption from the Securities Act or in a transaction not
subject to the registration requirements of the Securities Act.

Certain statements herein which are not historical facts, including, without
limitation, those regarding expectations for general economic development and
the market situation, expectations for the combined company’s development and
profitability and the realization of synergy benefits and cost savings, and
statements preceded by “expects”, ”estimates”, ”forecasts” or similar
expressions, are forward-looking statements. These statements are based on
current decisions and plans and currently known factors. They involve risks and
uncertainties which may cause the actual results to materially differ from the
results currently expected for the combined company. Such factors include, but
are not limited to, general economic conditions, including fluctuations in
exchange rates and interest levels which influence the operating environment and
profitability of customers and thereby the orders received by the combined
company and their margin; the competitive situation; the combined company’s own
operating conditions, such as the success of production and product development
and their continuous development and improvement; and the success of future
acquisitions.