Cooperation negotiations at Alma Media’s delivery operations in the Pirkanmaa region completed

Alma Media Corporation Press release August 23, 2012 at 16:20 (EEST)

COOPERATION NEGOTIATIONS AT ALMA MEDIA’S DELIVERY OPERATIONS IN THE PIRKANMAA REGION COMPLETED

Alma Manu Oy, the printing and distribution company of Alma Media Group, rationalises and reorganises its delivery operations in the Pirkanmaa region as a result of the overall development in delivery volumes. Statutory cooperation negotiations, initiated due to the planned actions, have been completed today.

As a result of the negotiations, the work force in Pirkanmaa delivery operations will decrease by 13 full-time work years. At the beginning of the negotiations, Alma Manu estimated that the work force could decrease by 18 full-time work years.

As agreed in the negotiations, the efficiency in the delivery operations will be improved by several measures, including redeveloping the delivery areas and merging them with other delivery areas. The reduction in the work force may result in redundancies, transfers from one position to another, changes in work descriptions as well as changes in working hours and job entities.

Alma Manu aims to refrain from redundancies by offering jobs from other delivery areas. In all agreed rationalising measures, a special attention will be paid to communications and transparency of the changes.

For further information, please contact:

Helvi Liukkaala, Managing Director, Alma Manu Oy, telephone +358 10 665 3009

Alma Manu in brief

Alma Manu Oy is a pioneer of printing and distribution. It brings together the newspaper printing houses in Tampere and Rovaniemi as well as the morning newspaper delivery in the Pirkanmaa, Satakunta and Lapland provinces. Alma Manu prints 3.9 million newspaper copies weekly and delivers 1.6 million, making it Finland’s second largest newspaper delivery company. Alma Manu employs approximately 1, 200 people. Read more at www.almamanu.fi.

Alma Media in brief

Alma Media is a dynamic media company whose best-known products are the Aamulehti, Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs approximately 3,000 professionals. The company’s revenue in 2011 totalled MEUR 316.2 with an operating margin of 13.3 per cent. Alma Media’s share (ALN1V) is listed in the Mid Cap segment of the NASDAQ OMX Helsinki. Read more at www.almamedia.com.

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