Eniro 118 118 concentrates operations to eight locations Eniro 118 118 has decided to concentrate its directory assistance operations from nine to eight locations in Sweden. This means that operations in Gävle will be re-located and that 80 permanent employees will be offered jobs in other locations. Eniro 118 118 is re-locating its operations in Gävle in order to increase efficiency and concentrate operations to fewer locations. All permanent employees, a total of 80 persons, will be offered employment in other locations. Eniro 118 118 will offer those employees who choose to move financial assistance for their moving costs and offer training assistance for those who choose to train for new jobs. - Phasing out a unit is a very difficult decision. Those affected will be offered jobs within other units. By concentrating operations to fewer locations, we can reduce costs and focus on developing the technology and services that are increasingly in demand. We want to become even better at serving people who are on the move and who require personal assistance. They increasingly want fast and efficient access to driving directions, maps via their mobile phones, opening hours and information from different sites, says Barbro Sjölander, President of Eniro 118 118. Cost savings are expected to amount to about SEK 10 M annually as of 2009. Restructuring costs are estimated at approximately SEK 10 M and will be recorded in the second quarter of 2008. Union negotiations were initiated and have been completed. Eniro 118 118 AB is currently represented in the following locations: Helsingborg, Kristianstad, Borås, Örebro, Norrköping, Stockholm (head office), Gävle, Sundsvall, Östersund and Luleå. A total of 900 persons currently work at Eniro 118 118. For more information: Lars Östman, Head of Information, Eniro 118 118, Tel: +46 8 553 317 24, mobile +46 70 589 85 08, Lars.ostman@eniro118118.se Åsa Wallenberg, Head of IR Eniro, Tel: +46-8-553 310 66 , mobile +46 70 361 34 09, asa.wallenberg@eniro.com www.eniro118118.se www.eniro.se 118 118® Sweden's largest personal search service Eniro 118 118 is Sweden's largest personal search service. Eniro 118 118 receives millions of inquiries each year. Users can find private individuals, companies, public authorities and organizations. Call connection, information via SMS and driving directions are included in the price. Eniro 118 118 also offers the services 118 188 SMS, international directory assistance, Eniro Vem Ringer, 118 118 AutosvarTM, 118 118 OfficeTM, text telephony and personal wake-up calls. In 2006, Eniro 118 118 was named Europe's best personal search service for the second time. Eniro is the leading search company in the Nordic media market. Eniro makes it easy to find people, businesses and products using directories, directory assistance, Internet and mobile services. Eniro's core markets are the Nordic countries and Poland. Eniro is listed on the Stockholm Stock Exchange and has some 4,650 employees. In 2007, revenues amounted to SEK 6,443 M, with EBITDA of SEK 2,266 M. Operating revenues and EBITDA exclude discontinued operations In Sweden, Eniro's offer includes the services Eniro Gula Sidorna, Eniro 118 118, eniro.se, passage.se and mobil.eniro.se. Eniro Sweden has some 1,500 employees.
Eniro 118 118 concentrates operations to eight locations
| Source: Eniro AB