NO OBLIGATION FOR KAUPPALEHTI TO MAKE A TAKEOVER BID

TALENTUM OYJ    Stock exchange release   13 March 2008  	at 5.00 pm 


NO OBLIGATION FOR KAUPPALEHTI TO MAKE A TAKEOVER BID BECAUSE OF ACQUISITION OF  
OWN SHARES BY TALENTUM                                                          


The acquisition company's of own shares by Talentum Oyj does not create an      
obligation for Kauppalehti Oy to make a takeover bid, because the resulting     
exceeding of the 30% threshold in ownership and votes is due solely to          
Talentum's own measures.                                                        

On 26 February 2008, the Board of Directors of Talentum Oyj decided on the basis
of the authorization given by the Annual General Meeting on 27 March 2007 to    
acquire a maximum of 500,000 of the company's own shares, which amounts to about
1.13% of the company's entire share capital of 44,220,817 shares. Talentum now  
controls 181,000 of its own shares. Kauppalehti Oy, a company in the Alma Media 
Group, owns 13,200,000 Talentum shares, which represents about 29.85% of the    
company's total shares and votes.                                               

If Talentum acquires 39,818 of company's own shares, the number of own shares   
the company controls will reach 220,818, and at that point — assuming that      
Kauppalehti Oy takes no action which would affect its ownership percentage — the
percentage controlled by Kauppalehti Oy of all votes vested in Talentum shares  
will exceed 3/10 for the purposes of calculating the threshold creating an      
obligation to make a mandatory takeover bid as per the Securities Market Act.   
Under chapter 6, section 10(1) of the Securities Market Act, a shareholder whose
portion exceeds three-tenths of the voting rights carried by the shares of a    
company after the share of the company has been admitted to public trading shall
launch a takeover bid for all the remaining shares and securities entitling to  
its shares issued by the company (mandatory bid). However, under chapter 6,     
section 10(7) of the Act, if the exceeding of the portion of voting rights of   
the shareholder referred to in subsection 1 results solely from measures taken  
by the offeree company (in this case, Talentum), the obligation to launch a bid 
in accordance with subsection 1 shall not arise. The acquisition of own shares  
is specifically mentioned in legislation as such a measure.                     


TALENTUM OYJ                                                                    


Lasse Rosengren                                                                 
General Counsel                                                                 


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

Distribution:                                                                   
OMX Nordic Exchange Helsinki                                                    
Principal media
NO OBLIGATION FOR KAUPPALEHTI TO MAKE A TAKEOVER BID BECAUSE OF ACQUISITION OF OWN SHARES BY TALENTUM
