Flagging announcement of selling Ilkka-Yhtymä Oyj's shares

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Arnedo Oy, a subsidiary of SanomaWSOY Group's division Sanoma Corporation, has agreed to sell an additional part of its shareholding in Ilkka-Yhtymä Oyj. This transaction is connected to the deal announced on 20 June 2002.

Because of the additional sale of shares, Arnedo's holding will now go below one fourth (1/4) of Ilkka-Yhtymä's share capital and votes. The decision of the deal was made on 27 June 2002 and it will be finalized on 3 July 2002. The clearance date will be 10 July 2002. As required by the Securities Markets Act, Chapter 2, Section 9, we report the following information to the Financial Supervision and Ilkka-Yhtymä Oyj:

Complete name of the company:

Ilkka-Yhtymä Oyj

Date of change in ownership:

10 July 2002

Holding in Ilkka-Yhtymä's votes and shares:

Arnedo's shareholding after the above mentioned transactions:

No. of shares

Percentage of share capital

Percentage of votes

I-shares

36,716

1.13%

3.43%

II-shares

774,902

23.78%

3.62%

Total

811,618

24.90%

7.04%


Ilkka-Yhtymä's share capital consists of 3,259,074 shares (956,458 shares of series I and 2,302,616 shares of series II). The shares carry in total 21,431,776 votes (each I-share carries 20 votes/share and each II-share one vote/share).

Complete name and trade registration number of the shareholder:

Arnedo Oy, trade registration number 724.914, business identity code 1445643-9


SANOMAWSOY CORPORATION


Raija Kariola
Vice President
Investor Relations and Group Communications


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