Alma Media's president and CEO charged with discrimination at work in the case of Johanna Korhonen

Alma Media Corporation  Stock Exchange Release       July 2, 2010 at 12.45
(EEST)

ALMA MEDIA'S PRESIDENT AND CEO CHARGED WITH DISCRIMINATION AT WORK IN THE CASE
OF JOHANNA KORHONEN

The district prosecutor of Helsinki has decided to bring a charge with
discrimination at work as defined in Penal Code against Mr Kai Telanne,
President and CEO of Alma Media, demanding a fine. The consideration of charges
started as the Labour Protection District of Uusimaa region and the police
suspected Kai Telanne of discrimination at work when the director contract of Ms
Johanna Korhonen was terminated in the autumn of 2008. Kai Telanne contests the
charge.

Based on the detailed clarification received from Kai Telanne and other persons
involved in the process, the Board of Directors of Alma Media Corporation
regards that no discrimination took place and that Kai Telanne is capable of
continuing in his position as the President and CEO. The Board of Directors will
monitor the process and revisits the issue if necessary when the outcome of the
proceedings has been determined.

Alma Media Corporation
Rauno Heinonen
Vice President, Corporate Communications and IR

For further information, please contact:
Mikko Korttila, General Counsel and Secretary to the Board of Directors, tel.
+358 10 665 2201

Distribution: NASDAQ OMX Helsinki, main media


[HUG#1428960]