Arbitration Award in the Redemption Proceedings Concerning the Minority Shares in Talentum – the Redemption Price Was Set at EUR 1.42 per Share

Alma Media Corporation       Stock Exchange Release       8 June 2016 at 1.50
EEST

ARBITRATION AWARD IN THE REDEMPTION PROCEEDINGS CONCERNING THE MINORITY SHARES
IN TALENTUM – THE REDEMPTION PRICE WAS SET AT EUR 1.42 PER SHARE

This stock exchange release may not be published or distributed, in whole or in
part, directly or indirectly, in the United States of America, Australia,
Canada, Hong Kong, Japan, New Zealand, South Africa, or any other country where
such publication or distribution would violate applicable regulation or would
require additional measures in addition to the requirements under Finnish law.

The Arbitral Tribunal appointed by the Redemption Committee of the Finland
Chamber of Commerce has on 7 June 2016 rendered its decision in the redemption
proceedings concerning the shares held by minority shareholders in Talentum Oyj
(“Talentum”). The Arbitral Tribunal has rendered a decision according to which
the redemption price of a Talentum share shall be EUR 1.42 per share.

The redemption price corresponds to the price of EUR 1.42 per share offered by
Alma Media Corporation (“Alma Media”) in its voluntary public tender offer for
Talentum’s shares.

The decision may be appealed within 60 days from the registration of the
arbitration award.

Alma Media has completed the tender offer announced in September 2015 and, by a
decision of the Arbitral Tribunal, acquired title to the Talentum shares subject
to the arbitration proceedings, in accordance with Chapter 18, Section 6 of the
Limited Liability Companies Act. Talentum’s shares have been delisted from the
official list of Nasdaq Helsinki Ltd on 21 April 2016.

ALMA MEDIA CORPORATION
BOARD OF DIRECTORS

For more information, please contact:
Mikko Korttila, General Counsel, Tel. 010 665 2201

Distribution: Nasdaq Helsinki, Main Media, www.almamedia.fi

Alma Media in Brief

Alma Media is a media company focusing on the service business and journalistic
content. The company’s best-known brands are Kauppalehti, Talouselämä,
Affärsvärlden, Iltalehti, Aamulehti, Etuovi.com and Monster. Alma Media builds
sustainable growth for its customers by utilising the opportunities presented by
digitality, including information services, system and expert services and
advertising solutions. Alma Media’s operations have expanded from Finland to the
Nordic countries, the Baltics and Central Europe. The company employs
approximately 2,500 professionals (excluding distributors), of whom
approximately 30% work outside Finland. Alma Media’s revenue in 2015 was EUR
291.5 million. Alma Media’s share is listed on Nasdaq Helsinki. For more
information please visit our website: www.almamedia.com.