The merger plan, according to which Rautakirja Oyj will be merged into SanomaWSOY Corporation, has been entered into the Trade Register on 21 June 2002.

The Boards of Directors of SanomaWSOY Corporation and Rautakirja Oyj approved a plan to merge Rautakirja into SanomaWSOY on 19 June 2002. The extraordinary general meetings of SanomaWSOY and Rautakirja, to be held on 18 September 2002, will take a decision on the merger. The intended time for the registration of the enforcement of the merger is 1 March 2003.

Rautakirja's shareholders will receive a merger consideration of 5.3 new SanomaWSOY B-shares for each Rautakirja A- or B-share held by them.


Raija Kariola
Vice President
Investor Relations and Group Communications

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