Organizational changes within Eniro

An organizational change within Eniro was announced in September for the purpose of enhancing efficiency within the organization and increasing the focus on sales. The local subsidiaries have become dedicated sales and marketing organizations, while the business support functions within each company have been merged with the corresponding corporate functions. At the same time, sales concepts and product offerings have been revised. All this work has resulted in a reduction of personnel by some 100 employees of which the majority have been in Sweden. Costs associated with the personnel reduction are estimated at SEK 30-40 M and will be charged against 2003 operating income. The changes will have a positive impact on results and revenues as of 2005.     For information: Lars Guldstrand, President and CEO. Tel. +46-8-634 70 01, +46-70-528 81 81 Lennart Bernard, Chief Financial Officer. Tel +46-8-634 70 06, +46-70-825 18 34 Boel Sundvall, Vice President, Corp Communications and IR. Tel. +46 8 634 7006, mobil +46 70 560 60 18  boel.sundvall@eniro.com www.eniro.com

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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