SanomaWSOY Corporation's share capital has increased by EUR 20,536.80, when a total of 76 notes of SanomaWSOY's convertible capital notes were converted into 47,760 shares.
The increase of share capital was entered into the Trade Register on April 19, 2007 and the trading with the new shares begins on April 20, 2007.
The conversion period of the SanomaWSOY convertible capital notes ends on June 20, 2007. The imputed conversion price of a share is EUR 15.91. A fixed annual interest of 5.25% is payable on the notes and the last interest payment will be made on the maturity date, i.e. July 4, 2007.
When issued, the loan totalled EUR 200 million. After the conversion, the loan amounts to EUR 1.6 million. SanomaWSOY's convertible capital notes converted into the new shares entitle their holders to a dividend for the first time for the financial year during which the conversion has taken place. Other shareholder rights commence from the date on which the increase in share capital is entered into the Trade Register.
In total, SanomaWSOY's share capital increased from EUR 70,933,145.29 to EUR 70,953,682.09, and the number of shares increased from 164,960,803 to 165,008,563 after the convertible capital notes conversion.
SanomaWSOY informed about the previous conversion of the capital notes on December 21, 2006.
SANOMAWSOY CORPORATION
Matti Salmi
Senior Vice President
Finance and Administration
Additional information: SanomaWSOY's Group Communications, tel. +385 105 19 5062 or ir@sanomawsoy.fi
SanomaWSOY is the leading media group in the Nordic region operating in versatile fields of media in over 20 European countries. The Group has five divisions: Sanoma Magazines, Sanoma, SanomaWSOY Education and Books, SWelcom, and Rautakirja. In 2006, the Group employed over 18,000 people and its net sales were some EUR 2.7 billion.