ALMA MEDIA CORP.: NORDEA FLAGGING ABOUT CHANGE IN HOLDING


ALMA MEDIA CORP.    STOCK EXCHANGE ANNOUNCEMENT 2.3.2007, 15.45




ALMA MEDIA CORPORATION: NORDEA FLAGGING ABOUT CHANGE IN HOLDING

The company has received information to the effect that the holding
of the share capital and votes of Alma Media Corporation by the
Finnish subsidiary Nordea Pankki Suomi Oyj of the Swedish Nordea Bank
AB (publ), Swedish business ID code 516406-0120, has risen above 1/20
on March 1, 2007.

Nordea Bank AB (publ) is referring to its previous announcement (Alma
Media's announcement on February 20, 2007) on a change in its holding
in Alma Media Corporation (business ID 1944757-4). The announcement
concerned the share loan agreement by Nordea Pankki Suomi Oyj
(business ID 1680235-8) on February 16, 2007 whereby 4,453,000 shares
of Alma Media Corporation were loaned to a third party on the value
date February 20, 2007. The loan period was open. The share loan
caused the holding of Nordea Pankki Oyj in Alma Media Corporation to
fall below the 1/20 limit.

Nordea Bank AB (publ) is now announcing that the share loan agreement
has expired and the loaned shares have been returned to Nordea Pankki
Suomi Oyj on March 1, 2007. Nordea Pankki Suomi Oyj's holding of the
share capital and votes of Alma Media Corporation has risen above the
1/20 limit. Nordea Pankki Suomi Oyj holds 4,881,412 Alma Media shares
or 6.54% of the votes.

As announced previously, Nordea Pankki Suomi Oyj has made forward
contracts on Alma Media Corporation shares that mature in June 2007
and September 2007. After the expiry of these contracts in September
2007, Nordea Pankki Suomi Oyj's holding will fall below the 1/20
limit.

Furthermore, Nordea Life Insurance Oy (business ID 0927072-8), a
subsidiary of the Nordea group, owns 730,067 Alma Media shares,
representing 0.98% of the share capital and votes.

Hence, Nordea group's total current holding in Alma Media Corporation
is 7.52%, but will fall below 1/20 as described above.

The share capital of Alma Media Corporation (business ID code
1944757-4) is 44,767,513.80 euros divided between 74,612,523 shares.
The company has one share series. Each share carries one vote, and
therefore the total number of votes is 74,612,523.


ALMA MEDIA CORPORATION

Nina Hedberg
Communications Officer,
substitute for Communications Manager


DISTRIBUTION: Helsinki Exchanges, principal media


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

Net sales in 2006 totalled EUR 302 million and the operating margin
was 16 %. The company's share is listed in the Mid Cap segment of the
OMX Nordic Exchange's Nordic List, trading code ALN1V. More
information at http://www.almamedia.fi/home