Eniro comments on information in media regarding negotiations with lending banks

Eniro comments on information in media regarding negotiations with
lending banks

Referring to information in media regarding Eniro's negotiations with
its lending banks, the company repeats previously communicated
information as follows.

On 1 June 2010 Eniro informed that a discussion on how to increase
headroom to covenants would be initiated with its lending banks. In the
interim report for the second quarter 2010, the company informed that a
continued revenue decline combined with a potential payment related to
the tax reassessment in Norway would further deteriorate the net
debt/EBITDA-relation. This could lead to a breach of covenants in the
latter part of the year. Hence, Eniro had initiated discussions with its
lending banks to secure headroom to covenants.

Eniro confirms that negotiations are ongoing with its lending banks,
including discussions around the company's capital structure. As
informed on 6 September 2010, Eniro is conducting a review of the
financial targets and an updated outlook statement for 2011 will be
presented in connection with the Q3 report, 2010.

The above information is such that Eniro AB (publ) shall make public in
accordance with the Securities Market Act and/or the Financial
Instruments Trading Act. The information was published at 09.00 CET on
22 September 2010.

 

Questions:

Johan Lindgren, CEO, +46 8 553 310 01
Jan Johansson, CFO, +46 8 553 310 15
Birgitta Henriksson, Acting Head of Investor Relations, +46 70 812 86 39

www.eniro.com