TALENTUM OYJ STOCK EXHANGE RELEASE, MARCH 6, 2009, AT 8.00 AM NOTICE OF ANNUAL GENERAL MEETING The shareholders of Talentum Oyj are invited to the Annual General Meeting to be held on Friday, March 27, 2009, starting at 2 p.m. in Scandic Marski hotel, address Mannerheimintie 10, 00100 Helsinki Matters on the agenda of the Annual General Meeting: 1. Opening and organizing of the meeting, statement of the Chairman of the Board of Directors 2. Recording the legal convening of the meeting and quorum 3. Election of the persons to confirm the minutes and to verify the counting of votes 4. Confirmation of the agenda for the order of the meeting 5. Presentation of the Annual Accounts, the report of the Board of Directors and the Auditor's report, review by the CEO 6. Adoption of the Annual Accounts 7. Resolution on the use of the profit shown on the balance sheet and the payment of dividend, resolution for the distribution of assets from the invested non-restricted equity fund The Board of Directors proposes to the Annual General Meeting a dividend of EUR 0.04 per share be paid for the financial year 2008 The Board of Directors proposes to the Annual General Meeting that the company would distribute assets from the invested non-restricted equity fund to the shareholders in such a way that assets shall be distributed EUR 0.06 per share The Board proposes that the share-specific return of equity and dividend shall be paid to the shareholders who on the record date Wednesday, April 1, 2009 are registered in the shareholders' register of the company held by Euroclear Finland Oy (former Finnish Central Securities Depository). The date of payment shall be April 8, 2009. 8. Resolution on the discharge of the members of the Board of Directors and the CEO from liability 9. Resolution on the remuneration of the members of the Board of Directors and the Auditor The shareholders of Talentum Oyj representing in total approximately 45 per cent (approximately 32 per cent when taken into account the voting restriction in the Articles of Association) of the voting rights of the shares in the company have announced that they will propose to the Annual General Meeting of Talentum Oyj to be held on March 27, 2009, that the remuneration payable to the members of the Board remained unchanged. The current monthly remunerations are: EUR 4,000 for the Chairman, EUR 2,500 for the Deputy Chairman and EUR 2,000 for other members The Board of Directors proposes that the auditor's fee will be paid as invoiced. 10. Resolution on the number of the members of the Board of Directors; election of members of the Board of Directors, the Chairman of the Board and the Deputy Chairman of the Board The shareholders of Talentum Oyj representing in total approximately 45 per cent (approximately 32 per cent when taken into account the voting restriction in the Articles of Association) of the voting rights of the shares in the company have announced that they will propose to the Annual General Meeting of Talentum Oyj to be held on March 27, 2009, the number of the Board members to be six and Tuomo Saarinen, Manne Airaksinen, Harri Kainulainen, Eero Lehti and Atte Palomäki of the current members be re-elected and that Merja Strengell be elected as a new member. In addition, the said shareholders propose to the Annual General Meeting the re-election of Tuomo Saarinen as the Chairman and Manne Airaksinen as the Deputy Chairman of the Board of Directors. The mentioned persons have given their consent to the election. Personal details on the Board nominees are available on the Company's website at www.talentum.fi as of Friday, March 20, 2009. 11. Election of auditor The Board of Directors proposes to the Annual General Meeting that Authorised Public Accountants Pricewaterhouse Coopers Oy be re-elected as the company's auditor. 12. Resolution of the magazines where the notice of the Annual General Meeting shall be published 13. Authorization of the Board of Directors to decide on a Share Issue including the Conveyance of own Shares, and Issue of Special Rights The Board of Directors proposes to the Annual General Meeting, cancelling the previous authority, that it would authorize the Board of Directors to decide on a share issue which may be either liable to charge or free of charge, including issuing of new shares and the conveyance of own shares possibly in the company's possession. The Board of Directors proposes to the Annual General Meeting that it would authorize the Board of Directors to decide on an issue of option rights and other special rights which entitle, against payment, to receive new shares or shares possibly in possession of the company. Based on the aforesaid authorizations by virtue of a share issue or issue of special rights, either in one or in several occasions, a maximum of 3,500,000 new shares may be issued and/or own shares possessed by the company may be conveyed, which corresponds to approximately eight per cent of the issued and outstanding shares of the company. The authorizations would remain in force until June 30, 2010. The authorizations do not exclude the right of the Board of Directors to also decide on a directed share issue and directed issue of special rights. Shareholders' pre-emptive subscription rights can be deviated from providing that there is a significant financial reason for the company to do so. 14. Authorization of the Board of Directors to decide on Acquisition of own Shares The Board of Directors proposes that the Annual General Meeting would authorize the Board of Directors, cancelling the previous authority, to decide on acquisition of its own shares. The shares could be acquired for the value decided by the Board of Directors which value is based on the fair value at the time of the acquisition formed to the shares in the public trading. Own shares may be only acquired with free equity. Based on the authorization, either in one or in several occasions, a maximum of 3,500,000 own shares, which correspond to approximately eight per cent of the issued and outstanding shares of the company, could be acquired. The authorization would remain in force until June 30, 2010. The Board of Directors is otherwise authorized to decide on all the conditions regarding the acquisition of own shares including the manner of acquisition of shares. The authorization does not exclude the right of the Board of Directors to also decide on a directed acquisition of own shares providing that there is a significant financial reason for the company to do so. 15. Closing of the meeting Documents of the Annual General Meeting The annual report of the company, including the company's annual accounts, the report of the Board of Directors and the Auditor' report, as well as the proposals relating to the agenda of Annual General Meeting and this notice will be available for shareholders' review on the company's website at www.talentum.fi as of Friday, March 20, 2009, and copies thereof shall be sent to a shareholder upon request. Participation and registration A shareholder that has been entered into the company's shareholders' register held by Euroclear Finland Ltd (former Suomen Arvopaperikeskus Ltd) on Tuesday, March 17, 2009, at the latest, has the right to participate in the Annual General Meeting. Shareholders who hold their shares under a name of a nominee must contact their bank, broker or other custodian to be temporarily recorded in the Register of Shareholders by 17 March 2009 in order to participate in the Meeting. The shareholder willing to participate in the Annual General Meeting must notify the company's head office of the participation on Wednesday, March 25, 2009, at 4 p.m. at the latest, either in writing to the address Talentum Oyj, Osakerekisteri, P.O. Box 920, 00101 Helsinki, by telephone to the number 040 342 4388 or by email to the address info@talentum.fi. The notification must reach the company prior to the expiry of the registration period. A shareholder may participate in the Annual General Meeting and exercise his/her rights at the Meeting by way of proxy representation. The possible proxies are asked to be delivered in connection with the registration. Other information On the date of this notice, 6 March 2009, the total number of shares and votes in the company is 44,295,787, of which the company owns 681,000 shares. The company has one class of shares and each share gives one vote. According to the Section 12 of the Articles of Association of the company no shareholder may, at the General Meeting, exercise more than 1/6 of the total number of votes represented by the issued and outstanding shares of the company. If the companies or enterprises belonging to the same group, or if a foreign company, which, if it were Finnish, would belong to the same group and/or if the pension foundation or pension fund of such companies or enterprises together own company shares in excess of 1/6 of the total number of votes said companies can only vote at a General Meeting with shares representing a maximum of 1/6 of the total number of votes. Helsinki, February 11, 2009 TALENTUM OYJ FURTHER INFORMATION Lasse Rosengren, General Counsel, tel. + 358 (0) 40 342 4204 DISTRIBUTION NASDAQ OMX Helsinki Principal media