Sale of operations in Russia completed

The Russian antimonopoly authorities has approved the sale of Eniro´s operations in Russia to a subsidiary of Vostok Nafta Investment Ltd.

As announced in October 2005, Eniro has sold its operations in Russia as part of the company’s focus on its core markets in the Nordic region and Poland. The sale was subject to approval by the Russian antimonopoly authorities.

Approval from the antimonopoly authorities has now been obtained, and the sale of the Russian operation will thus be completed on January 13, 2006. The total sale price, which was communicated in October, amounts to about MEUR 5 (cash and debt free). The sale will not generate any material capital earnings.