Announcement pursuant to securities act chapter 2, section 10

ALMA MEDIA CORP.           STOCK EXCHANGE ANNOUNCEMENT             
3 NOV 2005, 9.30    1 (1)
 
ANNOUNCEMENT PURSUANT TO SECURITIES ACT CHAPTER 2, SECTION 10
 
The company has received information to the effect that the conditional agreement signed by Almanova Corporation on 4 March 2005 concerning the acquisition of 13 114 380 Alma Media Series I shares and 13 006 588 Series II shares from Bonnier & Bonnier AB and Proventus Industrier AB was implemented on 2 November 2005.
 
Almanova Corporation's (trade register number 1944757-4) holding of Alma Media Corporation exceeds one half (1/2) of the company's share capital and voting rights.
 
 
After the implementation of this agreement Bonnier & Bonnier AB and Proventus Industrier AB hold no Alma Media shares.
 
Alma Media Corporation's share capital totals EUR 27 332 529.40.
 
 
The terms of the agreement also include the condition that, before the agreement can be implemented, a general meeting of Alma Media shareholders shall have approved the amendment to the articles of association removing the redemption clause from the articles and that this amendment is recorded in the Trade Register. Since the aforementioned amendment has been recorded in the Trade Register, an increase in a shareholder's holding of the shares and votes to over
1/3rd of the total does not give rise to the obligation to make a redemption offer.
 
ALMA MEDIA CORPORATION
 
Terhi Lambert
Communications Manager
 
DISTRIBUTION: Helsinki Exchanges, principal media
 
  • Date: 3.11.2005, 10:30
  • News type: Stock exchange release

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