COPENHAGEN, Denmark, Nov. 30, 2005 (PRIMEZONE) -- TDC has today completed the sale of TDC Directories to European Directories S.A., a consortium led by Macquarie Capital Alliance Group and the holding company owning European Directories, the former YBR Group.
The total consideration is DKK 4.85bn on a cash and debt free basis. The cash proceeds from the sale amount to approximately DKK 5.0bn including cash in the company. The transaction is expected to have a one-off positive impact of approximately DKK 3.7bn after tax, which will be included in the 4Q 2005 statement of income under one-time items related to discontinued activities.
Net income from TDC Directories for the period January 1, 2005 -- November 30, 2005 will be included in TDC's statement of income for 2005 as a discontinued activity.
-0- TDC A/S TDC Investor Relations +45 3343 7680 www.tdc.com