Stock Exchange Release 16/10/2008 14:00 

Sanoma Corporation has today applied for listing of 2004B stock options on NASDAQ OMX Helsinki Ltd. as of 3 November 2008. 

The total number of 2004B stock options is 1,500,000. Each stock option entitles its holder to subscribe for one (1) Sanoma Corporation share. In the aggregate, 2004B stock options entitle their holders to subscribe for a maximum of 1,500,000 shares. The present share subscription price with 2004B stock options is EUR 20.40 per share. The dividends payable annually shall be deducted from the share subscription price.

The share subscription period for 2004B stock options will commence on 1 November 2008 and end on 30 November 2011.

The terms and conditions of Stock Option Scheme 2004 are available on the Group's website. Stock Option Scheme 2004 was announced on 8 November 2004.

Sanoma Corporation

Kim Ignatius
Chief Financial Officer

Additional information: Sanoma's Group Communications, tel. +358 105 19 5062 or

Sanoma provides information, experiences, education and entertainment to millions of people. Quality content, products and services that are creative and customer centric, and efficient distribution ensure satisfaction for our customers in the 20 European countries we operate in. In 2007, the Group's net sales totalled EUR 2.9 billion and our EBIT was EUR 344 million. The Sanoma Group employs over 20,000 people.