Eniro intends to transfer about SEK 2 billion to shareholders

Eniro intends to transfer about SEK 2 billion to shareholders

Eniro's Board of Directors intends to propose a transfer of about SEK 2 billion
to the shareholders. This is in part a consequence of the divestment of the
German subsidiary Wer liefert was? The transfer is expected to be effected
through a redemption program during the fourth quarter of 2007.

The sale of WLW is expected to amount to about SEK 1.1 billion (EUR 115 M).
Combined with Eniro's strong cash flow, this makes it possible for the company
to implement a refinancing.

Eniro signed a five-year loan agreement today with the existing bank consortium
(Danske Bank, DNB NOR, Handelsbanken, Nordea, Royal Bank of Scotland, SEB and
Swedbank) with the result that the company will have an net debt ratio of about
five times operating profit before depreciation (EBITDA). The loan agreement has
an initial credit framework corresponding to SEK 13 billion and is intended to
refinance Eniro's existing loan agreement, finance current operations and to
enable a capital distribution to the shareholders. The loan will be amortized
with approximately SEK 475 M per year.

With the divestment of WLW and the new financing, the Board of Directors
considers that there is scope for a larger capital distribution to the
shareholders. Following approval by the competition authorities and as soon as
the sale of WLW is completed, the Board of Directors intends to convene an
Extraordinary General Meeting. The Board intends to propose a voluntary
redemption program totaling about SEK 2 billion and corresponding to about SEK
11 per share to be implemented during the fourth quarter of 2007.

Eniro's dividend policy is that 75 percent of net profit for the year shall be
distributed to the shareholders. This policy also remains firm for the coming
years and will not be affected by the proposed extra capital transfer.


For further information: 
Tomas Franzén, President and CEO, tel +46 8 553 310 01, +46 70 333 63 20
Joachim Jaginder, CFO, tel +46 8 553 310 15, +46 70 555 15 83
Åsa Wallenberg, IR manager, tel +46 70 361 34 09, asa.wallenberg@eniro.com
Erik Kristow, Press officer, +46 70 555 08 24, erik.kristow@eniro.com

www.eniro.com

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 has operations in Sweden,
Norway, Finland, Denmark and Poland.

Eniro is listed on the Stockholm Stock Exchange and has some 5,000 employees. In
2006, revenues amounted to SEK 6,372 M, with EBITDA of SEK 2,220 M. Operating
revenues and EBITDA excluding discontinued operations.