The Union of Journalists in Finland and the Federation of the Finnish Media Industry reach an agreement in their collective agreement negotiations

Alma Media Corporation         Press release            17 May 2013 at 12:30 EEST THE UNION OF JOURNALISTS IN FINLAND AND THE FEDERATION OF THE FINNISH MEDIA INDUSTRY REACH AN AGREEMENT IN THEIR COLLECTIVE AGREEMENT NEGOTIATIONS The Union of Journalists in Finland (UJF) and the Federation of the Finnish Media Industry (FFMI) have reached an agreement in their collective agreement negotiations. The UJF cancelled the strike concerning all media companies and five and seven-day newspapers, in particular, which was due to begin today at 2:00 p.m. The FFMI also cancelled the lockout directed at all newspapers and magazines of the corporate members of the FFMI. Alma Media is satisfied with the solution reached in the negotiations. "It is essential that we reached a solution in the negotiations. The newspaper publishing industry is facing an exceptionally difficult period in the midst of the economic recession and the digitalisation of the media use. Now more than ever we need the input of all parties to beat the changes in the industry," says Kai Telanne, Alma Media's President and CEO. Additional information: Rauno Heinonen, Vice President, Communications and IR, Alma Media Corporation, tel. +358 40 861 9345. Alma Media in brief Alma Media is a media company focusing on digital services and publishing. In addition to news services, the company's products provide useful information related to lifestyle, career and business development. The services of Alma Media have expanded from Finland to the Nordic countries, the Baltics and Central Europe. The company employs approximately 1,900 professionals (excluding distributors), of whom over 20% work outside Finland. Alma Media's revenue in 2012 totalled approximately MEUR 320. Alma Media's share is listed on NASDAQ OMX Helsinki. Read more at 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#1702871]