Aspiro's search services sold to Opplysningen 1881 for 170 SEK m


Aspiro's search services sold to Opplysningen 1881 for 170 SEK m

Aspiro has signed a binding agreement with Opplysningen 1881 for the sale of its
search services as of 1 November 2008. The purchase price is 170 SEK m cash (145
NOK m).

Net sales in Aspiro's search services were some 60 SEK m in 2007. For the same
period, earnings net of direct expenses were some 40 SEK m and EBITDA was some
35 SEK m.

Aspiro is a market leader in mobile entertainment in Northern Europe, providing
for instance ringtones, music, games, graphics and films. For some years, Aspiro
has also been offering text based search services through short codes such as
1985 and 2100 in Norway. The agreement is valid for these two Norwegian short
codes, which will be taken over by Opplysningen 1881 as of 1 November.

- Aspiro's core competency is mobile entertainment and business solutions.
Within Mobile-TV, music, games and mobile marketing, we are among the world
leaders and we are going to strengthen our position further. The sale of our
search services gives us the opportunity to focus even more on what we do best,
says Gunnar Sellæg, CEO of Aspiro.

The transaction is dependent on approval with the Competition Authorities.


For more information, please contact:

Kristin Breivik Eldnes
Communications Manager
Tel: +47 908 07 389
E-mail: kristin.eldnes@aspiro.com

Gunnar Sellæg 
CEO
Tel: +47 901 81 528 
E-mail: gunnar.selleg@aspiro.com


Aspiro in Brief
Aspiro creates and provides mobile entertainment, business solutions and search
services, and is a market leader in the Northern european region. Using Aspiro's
services, users can do things like watch TV, listen to music and play games on
their mobile phones or the Internet. Sales are through partners as mobile
operators and brands such as Inpoc, Cellus and Boomi. Aspiro was incorporated in
1998 and is a small-cap company listed on the Nordic Exchange in Stockholm. In
2007, Aspiro's sales were SEK 405 m and the company has some 150 employees. The
head office is in Sweden, with office presences in Norway, Sweden, Finland,
Denmark, Estonia, Latvia and Lithuania.

For more information about Aspiro please visit www.aspiro.com

Attachments

06242074.pdf