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Sanoma completes the divestment of its book logistics operations


April 2, 2012 - London

Press release, 2 April 2012

The divestment of Sanoma's book logistics company Porvoon Kirjakeskus Oy, announced on 2 March 2012, has been closed today. In the transaction Sanoma sold the entire share capital of Porvoon Kirjakeskus Oy to Bonnier Books Finland Oy. Finnish competition authorities approved the transaction on 15 March 2012.

The divestment is in line with Sanoma's strategy to focus its operations and to concentrate on consumer media and learning. The divestment will not affect the Sanoma Group's outlook for 2012.

Sanoma Corporation

Kim Ignatius
Chief Financial Officer

Additional information:
Sanoma's Investor Relations Martti Yrjö-Koskinen tel. +358 105 19 5064 or ir@sanoma.com

Sanoma inspires, informs and connects. As a diversified media group, we bring information, experiences, education and entertainment to millions of people every day. We make sure that quality content and interesting products and services are easily available and meet the demands of our readers, viewers and listeners. We offer a challenging and interesting working environment for nearly 15,000 people in over 20 countries. In 2011, the Group's net sales totalled EUR 2.7 billion.




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: Sanoma Oyj via Thomson Reuters ONE

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