Update prior to Eniro’s second interim report 2005

Divestment of operations in Baltic States – IFRS 5
As announced on May 16, 2005, Eniro has divested all operations in the Baltic States. In accordance with IFRS 5, all operations that are highly probable to be divested within a year shall be presented separately in the Income Statement and Balance Sheets. In addition to its operations in the Baltic States, Eniro also intends to divest its operations in Belarus and Russia. In accordance with IFRS 5, this means that all Eastern European operations will be reported separately effective from the second quarter of 2005. Comparative figures for 2004 will also be reported in accordance with this principle.

The sale of operations in Latvia was completed during the second quarter and the sales of the Estonian and Lithuanian operations will be concluded when the competition authorities in those countries have given their approval, which is expected to take place at the latest in October 2005.

Enclosed are Income Statements by quarter 2004 and first quarter 2005, adjusted in accordance with IFRS 5.

Revenue effects of moved publication during 2005 – updated publication plan
Revenues from the sale of printed directories are reported when the directory in question is distributed. Changed publication dates may thus affect comparisons between corresponding quarters of different years. For the purpose of optimizing resources, the publication plan that was announced April 11, 2005 has been changed in Poland and Denmark. For the second quarter 2005, the total effect of changed publication dates is therefore estimated to amount to a surplus of SEK 14 M. For the third quarter, the corresponding effect is expected to amount to a deficit of SEK 46 M (see table).