Court approval of decided write-down of share premium reserve

At Eniro's Extraordinary General Meeting, on September 25, 2003, it was decided that restricted reserves should be transferred to unrestricted reserves through a write-down of the company's share premium reserve by SEK 1,000,000,000 from SEK 1,751,944,653 to SEK 751,944,653. The decision was conditional upon court approval. On the 4th of December 2003, the City Court of Stockholm decided to approve the write-down. The decision has now gained legal force.   For information: Boel Sundvall, VP Communications & IR, Tel +46 8 634 70 06, +46 70 560 60 18   

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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. 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 2,000 employees and has been listed on NASDAQ Stockholm since 2000. During 2014, Eniro revenues amounted to SEK 3,002m and EBITDA was SEK 631m. Approximately 88 percent of Eniro advertising revenues come from multiscreen channels. The company’s headquarters are located in Stockholm, Sweden. More on Eniro at Eniro – Discover local. Search local.