Cost savings and restructuring costs

Eniro has carried out the reorganization that was communicated in connection
with its third quarter interim report. The cost savings resulting from the
reorganization are expected to exceed the SEK 100 M that was previously
communicated. The restructuring costs that will be charged against the fourth
quarter will amount to SEK 55 M, compared with the previous indication of SEK 35
M.
Eniro has carried out the organizational changes that were communicated in the
third quarter interim report. The reorganization, which has been conducted in
central support functions, will contribute to greater efficiency and an
accelerated pace of delivery in Eniro’s product and service development. The
changes affect employees in all geographic markets, with an emphasis in Norway.

The financial impact of the reorganization has now been ascertained. The cost
savings resulting from the reorganization are expected to exceed the SEK 100 M
that was communicated in conjunction with the third quarter results. The
restructuring costs that will be charged against the fourth quarter will amount
to SEK 55 M, compared with the previous indication of SEK 35 M.

For more information, please contact:
Mattias Lundqvist, CFO, Tel: +46 8 553 310 04
Cecilia Lannebo, Head of Investor Relations, Tel: +46 722 208 277, email:
cecilia.lannebo@eniro.com

The information is such that Eniro AB (publ) is required to disclose in
accordance with the Swedish Financial Instruments Trading Act and/or the Swedish
Securities Market Act. The information was submitted for publication at 08.00
CET on December 19, 2013.
Eniro is a search company that aggregates, filters and organizes local
information. Our growth is driven by users’ increasing mobility and multiscreen
behavior, where we are at the forefront with modern technical solutions. For
more than 100 years Eniro has helped people find local information and companies
find customers. Today it is a multiscreen solution – our users search for
information using their smart phones, tablets and desktops. This creates great
business opportunities for us as the local search company. Mobile advertising is
today the fastest growing part of Eniro’s business. Eniro is the local search
engine. A smart shortcut to what you need, no matter where you are or where you
are going.

Eniro is one of the largest search companies in the Nordic region and Poland.
The company has approximately 3,000 employees and has been listed on NASDAQ OMX
Stockholm since 2000. During 2012, Eniro’s revenues amounted to SEK 3,999 M and
EBITDA was SEK 976 M. More than 80 percent of Eniro’s advertising revenues come
from multiscreen channels. The company’s headquarters are located in Stockholm,
Sweden. More on Eniro at www.enirogroup.com.

Eniro – Discover local. Search local.