The squeeze-out procedure related to the shares held by

Alma Media Corporation Stock Exchange Release 31 August 2016 at
9:30 a.m.

THE SQUEEZE-OUT PROCEDURE RELATED TO THE SHARES HELD BY TALENTUM'S MINORITY
SHAREHOLDERS HAS COME TO AN END

On 7.6.2016, the Arbitral Tribunal appointed by the Redemption Board of the
Finland Chamber of Commerce rendered its award regarding the squeeze-out of
Talentum Oyj's minority shareholders. Based on the award, the squeeze-out price
was EUR 1.42 per share which equals the price offered by Alma Media for
Talentum's shares in the public voluntary bid. As the arbitration award was not
appealed by due date, it has gained legal force and the squeeze-out price based
on the award is final.

Alma Media paid the redemption price with interest to Talentum’s minority
shareholders on 8.7.2016 at the latest. Interest has been paid on the squeeze
-out price since 10.12.2015. It is a statutory reference interest rate standing
until 30.6.2016 at 0.5 % and as of 1.7.2016 at 0.0 %.

Alma Media completed the tender offer announced in September 2015 and, by a
decision of the Arbitral Tribunal, acquired title to the Talentum's 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 21.4.2016 and, excluding the
shares owned by Talentum itself, Alma Media with its subsidiaries were entered
as the only shareholders in Talentum's shareholder register on 28.4.2016.

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 of
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. Alma Media employs
approximately 2,500 professionals (excluding delivery personnel), 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. Read more at
www.almamedia.com.

The squeeze-out procedure related to the shares held by Talentum's minority shareholders has come to an end