Alma Media Oyj (HEL:ALN1V) Alma Media Corporation Stock Exchange Release Oct 29, 2008 at 10.20

ANTTI KOKKONEN APPOINTED AS NEW EDITOR-IN-CHIEF FOR LAPIN KANSA NEWSPAPER

M.Sc. (Pol) Antti Kokkonen, 46, has been appointed as the new Editor-in-Chief for Lapin Kansa daily newspaper, part of Alma Media Group. Kokkonen has since 2004 been working for Helsingin Sanomat as the head of its Political News department. He will start at Lapin Kansa in the beginning of 2009. The current Editor-in-Chief Heikki Tuomi-Nikula will retire in the beginning of December 2008.

Antti Kokkonen is an experienced journalist who before his tasks in Sanoma Corporation has served Kaleva newspaper in various positions for over ten years. He was born in northern Finland.

Lapin Kansa is a regional newspaper published seven days a week in Rovaniemi, Finland. It has an important role in promoting the vitality and well-being of Lapland. The audited circulation on Lapin Kansa rose slightly in 2007 to 34,738 copies. The printed version of Lapin Kansa has about 89,000 readers and its renewed online service has about 10,000 unique visitors a week.

ALMA MEDIA CORPORATION Rauno Heinonen Vice President, Corporate Communications and Investor Relations

DISTRIBUTION: Nasdaq OMX Helsinki Principal media www.almamedia.fi

For more information, please contact: Antti Kokkonen, tel 050 3430 379 Kai Telanne, President & CEO, Alma Media, puhelin 010 665 3500

Alma Media in brief

Alma Media is a profitably growing and internationally expanding company that invests in the future of newspapers and online media. Its best known products are the Aamulehti, Iltalehti, Kauppalehti and Etuovi.com.

Net sales in 2007 totalled EUR 329 million and the operating margin was over 19%. The company's share is listed in the Mid Cap segment of the Nasdaq OMX Helsinki.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Alma Media Oyj

http://www.almamedia.fi

ISIN: FI0009013114

Stock Identifier: XHEL.ALN1V

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