Combination of share series

Sanoma Corporation has one serie of shares. Its trading code is SAA1V.

Earlier the Company had two share series. The share series were combined in spring 2006, when the Annual General Meeting decided on 3 April 2006 , in accordance with the proposal of the Board of Directors, to combine the Company's share series to form a single series of shares, to offer shares in a related directed issue to the holders of Series A shares, and to amend the Articles of Association.

The share series were combined on 7 April 2006 and the trading with one share series began on 10 April 2006. The new shares subscribed in the related directed issue were entered into the Trade Register on 17 May 2006.

The Group published on 4 April 2006 and supplemented on 4 May 2006 an prospectus regarding the combination of share series and the directed issue. The English translation of the prospectus can be ordered via phone of e-mail from Group Communications. However, the prospectus will not be sent to countries where this action would contravene the securities market legislation of the country in question.