The shareholders of SanomaWSOY Corporation are hereby summoned to the Annual General Meeting of Shareholders to be held in Hall A on the fourth floor of the Congress Wing of Finlandia Hall (entrances M 1 or K 1), Mannerheimintie 13 E, Helsinki, on Thursday, March 29, 2001 beginning at 2.00 p.m. Those wishing to attend can register from 1.15 p.m. onwards.

The Meeting will deal with the following:

1. The matters to be dealt with at the Annual General Meeting pursuant to Article 18 of the Articles of Association 2. An amendment to the Articles of Association

The Board proposes that Articles 16 and 17 of the Articles of Association shall be changed to read as follows:

"Article 16 The notice of the Annual General Meeting shall be published in at least one, large-circulation newspaper as decided by the Board of Directors six weeks before the Meeting at the earliest and 17 days before the Meeting at the latest.

Article 17 A shareholder shall be entitled to vote at the Annual General Meeting if he or she has registered to attend by the date and time a maximum of 10 days prior to the Meeting stipulated in the Notice. The Company shall otherwise observe the regulations regarding shares registered under the book-entry system."

Documents available for inspection

The documents relating to the financial statements and the Boards proposal for the decision mentioned in item 2 above are available for inspection by shareholders at the Companys Legal Affairs Department, Ludviginkatu 6-8, 3rd floor in Helsinki, from March 21, 2001 onwards, and will forwarded to shareholders on request. The Company's printed Annual Report, which contains most of this information, will be mailed to shareholders' addresses listed in the shareholder register.

Right of participation

Shareholders recorded as shareholders in the Companys shareholder register maintained by the Finnish Central Securities Depository as of Monday, March 19, 2001 are entitled to attend the Annual General Meeting. Shareholders whose shares have not been transferred to the book-entry system are also entitled to participate, provided that they were registered in the shareholder register of Sanoma Corporation, Helsinki Media Company Oy, or Oy Devarda Ab before May 1, 1999, or in Werner Söderström Corporation - WSOY's shareholder register before December 23, 1992. Such shareholders must present their share certificates or other documentation to show that title to their shares has not been transferred to a book-entry account at the Meeting.

Registration

Shareholders wishing to participate in the Annual General Meeting are requested to register by 2.00 p.m. on Monday, March 26, 2001 at the latest by telephone on +358 105 19 5055 / Kirsi Vainio, by fax on +358 105 19 5058, or by e-mail: kirsi.vainio@sanomawsoy.fi. Shareholders should indicate the name of any relevant assistant, authorised representative, or statutory representative when registering. Registration notices sent by fax or e-mail should be received by 2.00 p.m. on the day mentioned above at the latest. Proxies should be sent during the advance registration period to SanomaWSOY, Legal Affairs, P.O.Box 1229, 00101 Helsinki, Finland.

Dividend payment

The Board of Directors will propose to the Annual General Meeting that a dividend of EUR 0.47 (FIM 2.79) per share shall be paid for 2000. Shareholders registered in the shareholder register maintained by the Finnish Central Securities Depository on the record date determined for dividend payment, April 3, 2001, are entitled to receive a dividend. The Board proposes that the dividend shall be paid on Tuesday, April 10, 2001.

Helsinki, February 28, 2001

Board of Directors SanomaWSOY Corporation