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

ALMA MEDIA CORPORATION    STOCK EXCHANGE ANNOUNCEMENT    26.3.2008,
at 9.50


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 received
one-sided agreement whereby Kai Mäkelä or issued purchases 5 000 000
forward contracts related to Alma Media's shares from Helsingin
Mekaanikontalo Oy.

Pursuant to the Securities Act, Chapter 2, Section 10 we inform that
if Helsingin Mekaanikontalo Oy invokes the agreement and sells the
forward contracts, Helsingin Mekaanikontalo Oy's potential
shareholding in Alma Media would falls below 1/20 of share capital
and voting rights.

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           |
|                                   |           | contracts         |
|-----------------------------------+-----------+-------------------|
| Procomex SA                       |           |                   |
|-----------------------------------+-----------+-------------------|
| Holdings of Procomex SA           | 9801      |                   |
|-----------------------------------+-----------+-------------------|
| 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.

The holding of Oy Herttaässä Ab (y-tunnus 0761658-8), a company
controlled by Kai Mäkelä, is at the moment:


+------------------------------------------------------------------+
|                   | Number of shares | Holding % | Maturity date |
|-------------------+------------------+-----------+---------------|
| Share holding     | 8 177 249 pcs    | 10,96 %   |               |
|-------------------+------------------+-----------+---------------|
| Forward contracts | 4 804 000 pcs    | 6,44 %    | June 2008     |
|-------------------+------------------+-----------+---------------|
| Forward contracts | 2 440 500 pcs    | 3,27 %    | March 2009    |
|-------------------+------------------+-----------+---------------|
| Total             | 15 421 749 pcs   | 20,67 %   |               |
+------------------------------------------------------------------+


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