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.

About Us

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 www.enirogroup.com. Eniro – Discover local. Search local.

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