Aspiro AB (publ): Interim Report July-September 2008

14% Growth in New Business Segments, Many New Collaboration Agreements

Reporting Period July–September 2008

• Net sales were SEK 106.9 m (SEK 101.5 m). Growth of 14% in new business segments. EBITDA was SEK 9.0 m (SEK 10.4 m).
• Earnings were charged with some SEK 7 m of non-recurring expenses, of which some SEK 5.6 m relate to the rationalization package, which will cut annualized costs by some SEK 20 - 25 m. Earnings after tax were SEK 6.4 (3.9) m.
• Agreement with mobile directory inquiries operator Opplysningen Mobil AS regarding the sale of Aspiro’s search operation for NOK 145 m.
• Excluding the search operation, net sales were SEK 90.7 (86.0) m; EBITDA was SEK -4.2 m (SEK -1.0) m. Earnings were charged with some SEK 7 m of non-recurring expenses.
• The remaining shares of Mobile Entry were acquired for NOK 4.25 m. This acquisition brings a technology platform and increases the customer base of the Mobile Solutions business segment.
• Mobile Solutions reached an agreement to deliver a technology solution and interactive services to SBS Radio AB and TV3 Latvia.
• Aspiro’s music solution was selected by Norwegian music distributor Platekompaniet and operator djuice’s Norwegian digital music initiative.
• Sonofon in Denmark and Tele2 in Estonia selected Rubberduck’s mobile TV solution.

After the End of the Period

• Telenor Sweden selected Aspiro as its main supplier of ringtones, games, images, animations and videos.
• The Norwegian competition authority is considering rejecting the merger between Aspiro’s and Opplysningen’s search operations. Because this sale will be conducted after 1 November as planned, a currency hedge maturing on 5 November has been redeemed. This will generate a currency gain of some SEK 4.5 m in the fourth quarter.


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 discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 8.30 am on 7 November.