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Alma Media's President and CEO comments the ruling by the Court of Appeal


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-01-28 08:23:43 -

Alma Media Corporation Stock Exchange Release January 28, 2013 at 09:15 (EET)

ALMA MEDIA'S PRESIDENT AND CEO COMMENTS THE RULING BY THE COURT OF APPEAL

The Helsinki Court of Appeal has imposed a fine of 15 day-fines on Mr Kai
Telanne, Alma Media's President and CEO for to discrimination at work in
connection with the termination of the director contract of Ms Johanna Korhonen
in the autumn of 2008. One member of the Court of Appeal would not have imposed
a penalty. The charges were heard in the District Court in the spring of 2011,
and the District Court dismissed the charges.

Kai Telanne, President and CEO of Alma Media comments the ruling as follows:
"The director contract with Johanna Korhonen was not terminated on the grounds
stated by her 
and I do not consider the ruling by the Court of Appeal as fair and just. I will examine the grounds of the ruling carefully and consider an application to the Supreme Court for a leave to appeal. At this point, I have no further comments on the case." ALMA MEDIA CORPORATION Rauno Heinonen Alma Media Corporation DISTRIBUTION: NASDAQ OMX Helsinki Stock Exchange Main media Alma Media in brief Alma Media is a dynamic media company whose best-known products are 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 NASDAQ OMX Helsinki Exchange. Read more at www.almamedia.com. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Alma Media Oyj via Thomson Reuters ONE [HUG#1673453]


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