Preliminary result of Alma Media’s exchange offer to Talentum’s shareholders


Alma Media Corporation     Stock Exchange Release                            13
November 2015 at p.m. 2.20 (EET)

Preliminary result of Alma Media’s exchange offer to Talentum’s shareholders

This stock exchange release may not be published or distributed, in whole or in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.

The offer period for the exchange offer by Alma Media Corporation (“Alma Media”)
to the shareholders of Talentum Corporation (“Talentum”) ended on November 12,
2015. According to the preliminary result of the exchange offer, the shares
tendered in the exchange offer represent approximately 94.3 percent of all the
shares and votes in Talentum and approximately 95.1 percent of all issued and
outstanding shares in Talentum.

The final result of the exchange offer will be confirmed and announced on or
about November 17, 2015.

As all the conditions to the completion of the exchange offer have been
fulfilled, Alma Media will complete the exchange offer in accordance with its
terms and conditions, subject to the conditions to the completion of the
exchange offer remaining fulfilled at the time of completion.

ALMA MEDIA CORPORATION
BOARD OF DIRECTORS

Further information:

Kai Telanne, President and CEO, Tel. +358 (0)10 665 3500

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 work 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, South Africa or any other jurisdiction where prohibited by
applicable laws or regulations. This release is not an 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.