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Eniro – Year-end Report, 2004

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October – December
· Operating revenues totaled SEK 1,715 M (1,859)
· Operating income before depreciation (EBITDA) rose to SEK 525 M (512)
· Net income after tax increased to SEK 239 M (-7)
· Net income per share increased to SEK 1.50 SEK (-0.04)
· Cost reductions in the Swedish operation

January – December
· Operating revenues totaled SEK 4,918 M (4,808)
· Operating income before depreciation (EBITDA) rose to SEK 1,349 M (1,292)
· Net income after tax increased to SEK 467 M (198)
· Net income per share increased to SEK 2.82 SEK (1.14)
· Higher earnings in Denmark, Norway, Poland and Eastern Europe, combined with lower costs in Sweden, contributed to the improvement in earnings
· The Board proposes a dividend of SEK 2.20 (1.80)
· The Board also asks for authorization to buy back shares

For information, contact:
Tomas Franzén, President and CEO
Tel: +46-8-553 310 01, +46 70 333 63 20

Joachim Jaginder, CFO
Tel: +46-8-553 310 15, +46 70 555 15 83

Boel Sundvall, Corp. Comm. and IR
Tel: +46-8-553 310 06, +46 70 560 60 18

www.eniro.com

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