Aspiro AB (publ): Interim Report January - March 2009

Robust growth in new priority segments

- Net sales for the first quarter were SEK 112.5 m (SEK 99.0 m). Sales mainly increased in the Music, Mobile TV and Mobile Solutions segments.
- First-quarter EBITDA was SEK -3,7 m (SEK 4,3 m). Profit downturn mainly due to: restructuring expenses relating to the merger of Mobile Solutions and Mobile Marketing, focusing for forthcoming launches in Music and expenses related to Rubberduck’s launch of mobile TV services for T-Mobile.
- Earnings after tax for the first quarter were a deficit of SEK -7,3 m (SEK -2.1 m).
- Aspiro subsidiary Rubberduck Media Lab signed a master agreement with, and launched mobile TV services for, T-Mobile. This master agreement will add an expected SEK 25-30 m to sales over a three-year period, corresponding to sales growth of some 40% for Rubberduck on 2008.
- Merger of the Mobile Solutions and Mobile Marketing business segments to enhance Aspiro’s offering to the market.

After the End of the Period
- The Norwegian Ministry of Government Administration and Reform upheld the Competition Authorities decision not to approve Opplysningen’s acquisition of Aspiro’s Search operation.

Outlook and Goals
- Sales growth remains a priority for 2009.
- Because the Search operation remains in the company, Aspiro’s goal is to generate a total EBITDA of SEK 5-10 m in the second quarter. The previously communicated goal was to generate positive EBITDA excluding the search operation.

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 14 May 2009.