Alma Media: Announcement pursuant to the Securities Act, Chapter 2, Section 10



Alma Media Corporation Stock Exchange Announcement 14 March 2008 at
18:05

ALMA MEDIA: ANNOUNCEMENT PURSUANT TO THE SECURITIES ACT, CHAPTER 2,
SECTION 10

Alma Media Corporation has been informed that Helsingin
Mekaanikontalo Oy (trade register number 1076761-9) has sold its
forward contracts, and the company holds currently 50 000 forward
contracts that mature in March 2008. Pursuant to the Securities Act,
Chapter 2, Section 10 we inform, that if these forward contracts will
be converted into Alma Media shares, the shareholding of Helsingin
Mekaanikontalo Oy in Alma Media would fall below 1/10 and would
represent 6.70% of Alma Media's share capital and voting rights.

Alma Media announced on 29 February 2008 that Helsingin
Mekaanikontalo Oy holds 95,565 forward contracts that mature on March
2008. If these forward contracts would have been converted into Alma
Media shares, the holding of Helsingin Mekaanikontalo would have been
12.81%, thus exceeding 1/10.

Helsingin Mekaanikontalo Oy is a company controlled by Ahti Vilppula,
a member of Alma Media's Board of Directors. To Alma Media's
knowledge, the holdings of the companies controlled by Ahti Vilppula
in Alma Media are as follows:



+-------------------------------------------------------------------+
|                                   | Number of | Maturity date for |
|                                   | shares    | forward contratcs |
|-----------------------------------+-----------+-------------------|
| Procomex SA                       |           |                   |
|-----------------------------------+-----------+-------------------|
| Holdings of Procomex SA           | 9,801     |                   |
|-----------------------------------+-----------+-------------------|
| Forward contracts of Procomex SA  | 0         |                   |
|-----------------------------------+-----------+-------------------|
| Helsingin Mekaanikontalo Oy       |           |                   |
|-----------------------------------+-----------+-------------------|
| Holdings of Helsingin             | 300       |                   |
| Mekaanikontalo Oy                 |           |                   |
|-----------------------------------+-----------+-------------------|
| Forward contracts of Helsingin    | 5,000,000 | March 2008        |
| Mekaanikontalo Oy                 |           |                   |
+-------------------------------------------------------------------+


In addition to the holdings presented above, Mr. Ahti Vilppula holds
directly 798 Alma Media shares. Subject to the conversion of the
forward contracts into Alma Media shares, the combined holding of
Procomex SA, Helsingin Mekaanikontalo Oy and Ahti Vilppula in Alma
Media Corporation is 6.71% (5,010,101 shares).

Alma Media Corporation's (business ID 1944757-4) share capital is EUR
44,767,513.80 and it is divided into 74,612,523 shares. The company
has one series of shares. Each share entitles to one voting right.
The total number of voting rights is 74,612,523.


ALMA MEDIA CORPORATION

Rauno Heinonen
Vice President, Corporate Communications and IR
DISTRIBUTION:
Helsinki Exchanges
Principal media

Alma Media is a profitably growing and internationally expanding
company that invests in the future of newspapers and the online
media. Its best known products are Aamulehti, Iltalehti, Kauppalehti
and Etuovi.com.

Net sales in 2007 totalled EUR 329 million and the operating margin
was above 19 %. The company's share is listed in the Mid Cap segment
of the OMX Nordic Exchange's Nordic List, trading code ALN1V. More
information at www.almamedia.fi