Aspiro AB (publ): Interim Report April-June 2008

Aspiro AB (publ): Interim Report April-June 2008

Focus on core business—search business sold to Norwegian directory inquiries
operator Opplysningen 1881 for some SEK 170 m

Reporting Period April - Jun 2008

• Net sales were SEK 105.9 m (SEK 98.5 m), with this increase mainly
attributable to higher sales in Norway and the Baltic states.
• EBITDA was SEK 11.5 m (SEK 10.1 m). Earnings after tax were SEK 5.4 m (SEK 5.8
m) and basic and diluted earnings per share were SEK 0.03 (SEK 0.03).
• The net sales of Aspiro's continuing operations after the divestment of the
search business, which was completed after the end of the period, were SEK 90.5
m (SEK 83.7 m). EBITDA was a deficit of SEK -3.3 m (SEK -0.2 m) and earnings
after tax were a deficit of SEK -5.3 m (SEK -1.6 m).
• The Board of Directors decided on a rationalization package to cut annualized
costs by SEK 20 - 25 m. Non-recurring expenses for this package of SEK 10 - 15 m
will be charged to third-quarter earnings. The majority of this package is
scheduled to exert its impact from the fourth quarter onwards.

After the End of the Period

• Aspiro sold its search operations subsidiary to Norwegian directory inquiries
operator Opplysningen 1881 for NOK 145 m (some SEK 170 m). Opplysningen is
taking over this company effective 1 November 2008 onwards. This transaction
will generate an estimated goodwill impairment loss of some SEK 150 m.
• Aspiro acquired the remaining shares of Mobile Entry for NOK 4.25 m. Mobile
Entry's customers and technology platform strengthen Aspiro's Business Solutions
segment.
• Rubberduck launched mobile TV for Sonofon in Denmark.
• After divesting its search business, Aspiro's continuing operations are to
generate positive EBITDA at the latest by the second quarter 2009.

This information is mandatory for publication by Aspiro AB (publ) pursuant to
the Swedish Securities Markets Act and/or the Swedish Financial Instruments
Trading Act. This information was submitted for publication at 8:30 a.m. on 15
August 2008.

For more information, please contact:
Ann Charlotte Svensson
Head of Corporate Communications and IR
Tel: +46 709 91 80 10
e-mail: anncharlotte.svensson@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 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 160 employees. The head office is in Sweden, with
office presences in Norway, Sweden, Finland, Denmark, Estonia, Latvia and
Lithuania.