MORGAN STANLEY'S HOLDING IN TALENTUM FALLEN BELOW 5 PER CENT


This is a notice under the Securities Market Act of Finland, Chapter 2 Section  
10.                                                                             
Morgan Stanley Limited has notified Talentum Oyj today that its holdings of the 
voting rights and share capital in Talentum Oyj have fallen below one twentieth 
(1/20) as a result of a share transaction concluded on 28 March 2007, and now   
represent 4.56%.                                                                

1. Name of the company in which holdings have been acquired                     

Talentum Oyj                                                                    

2. Date of change in holdings                                                   

28 March 2007                                                                   

3. Exact proportion of voting rights and share capital in Talentum Oyj          

Number of shares: 2,018,680                                                     
Proportion of share capital: 4.56%                                              
Proportion of voting rights: 4.56%                                              

4. Shareholder's complete name                                                  

Morgan Stanley & Co International Limited                                       

TALENTUM OYJ                                                                    


Lasse Rosengren                                                                 
General Counsel                                                                 

Further information                                                             
Lasse Rosengren, General Counsel, tel. +358 40 342 4204                         

Distribution                                                                    
Helsinki Stock Exchange                                                         
Principal Media                                                                 
Financial Supervision                                                           
www.talentum.fi