The conversion period of SanomaWSOY Corporation's convertible capital notes
ended on 20 June 2007. During the conversion period from 6 September 2001 to 20
June 2007, a convertible capital notes worth of EUR 149,900,000 were converted
into 9,421,615 SanomaWSOY's shares.
SanomaWSOY informed about the previous increase in share capital on 7 June
2007. After that, 39 convertible capital notes were converted into 24,507
shares. The corresponding increase in SanomaWSOY's share capital is estimated
to be entered into the Trade Register in August 2007
SanomaWSOY Corporation issued a convertible capital note on 31 August 2001 and
trading with the notes on the Helsinki Stock Exchange Main List began on 6
September 2001. The imputed conversion price of a share was EUR 15.91 and the
nominal value of each note was EUR 10,000. A fixed annual interest of 5.25% is
payable on the notes, and the last interest payment will be made on the
maturity date, i.e. 4 July 2007. When issued, the loan totalled EUR 200
million. In total, SanomaWSOY has redeemed and invalidated 4,944 notes, worth
EUR 49,440,000. The repayment of non-converted capital notes, EUR 660,000, will
take place on the maturity date, i.e. 4 July 2007.
SanomaWSOY's convertible capital notes converted into the new shares entitle
their holders to a dividend for the first time for the financial year during
which the conversion has taken place. Other shareholder rights commence from
the date on which the increase in share capital is entered into the Trade
Register.
SANOMAWSOY CORPORATION
Matti Salmi
Senior Vice President
Finance and Administration
Additional information: SanomaWSOY's Group Communications, tel. +385 105 19
5062 or ir@sanomawsoy.fi
SanomaWSOY is the leading media group in the Nordic region operating in
versatile fields of media in over 20 European countries. The Group has five
divisions: Sanoma Magazines, Sanoma, SanomaWSOY Education and Books, SWelcom,
and Rautakirja. In 2006, the Group employed over 18,000 people and its net
sales were some EUR 2.7 billion.
