Eniro implements the merger with the Norwegian directory assistance service 1888


The Norwegian competition authority has approved of the merger of Eniro Norge AS
with the low-price challenging brand, 1888. The merger will give rise to
consolidation of the Norwegian market for directory assistance services.
As previously announced in a press release on February 1, 2013, Eniro has
entered into an agreement concerning the merger with the Norwegian directory
assistance service 1888. The merger was subject to approval by the competition
authority. The competition authority has now accepted the transaction, whereby a
definitive agreement has been reached.

Following the merger, Eniro will control 60% of the joint operations, while the
owners of 1888 will control the remaining 40%. The transaction as such will not
impact cash-flow and will not generate any capital gain impact. No purchase
consideration arose.

The merger contributes to consolidating a market for directory assistance
services. The agreement enables efficiency improvements and cost synergies. The
transaction is expected to increase Eniro’s revenues with some SEK 50 M and
EBITDA with some SEK 20 M on an annual basis.

For more information, please contact:

Johan Lindgren, President and CEO, Tel: +46 8 553 311 14

Mattias Lundqvist, CFO, Tel: +46 8 553 310 04

Cecilia Lannebo, Head of Investor Relations, Tel: +46 722 208 277, e-mail:
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 publishing at 08:00
a.m. on February 26, 2013.
Eniro is the local search engine. A clever shortcut to what you need, home or
away. Both consumers and companies can use Eniro’s services to easily locate
where to buy services and products – regardless of whether the channel is
internet, catalog or mobile. Advertisers can actively market themselves to
interested consumers, find new customers and increase sales.

Eniro is one of the largest search companies in the Nordic region and Poland.
The company has approx. 3,200 employees in the Nordic region and Poland 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. Headquarters are located in
Stockholm, Sweden. More on Eniro at www.eniro.com

Eniro – Discover local. Search local.

Pièces jointes

02229168.pdf
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