European Directories BondCo S.C.A. announces Supreme Administrative Court ruling in tax case

With reference to the press releases published on 18 September 2015 and 22 October 2015 regarding the tax dispute against one of European Directories BondCo S.C.A.'s indirect subsidiaries, Finderia Oy (in liquidation).

The Supreme Administrative Court (“SAC”) has issued its decision in the tax dispute against Finderia. In its decision, the SAC granted a leave of appeal to Finderia and examined the case. The SAC changed the decision made by the Helsinki Administrative Court (which led to a tax risk of up to MEUR 39 including interest) and determined that the fair value of the contracts in connection with the liquidation of Finderia is MEUR 25. Finderia and its advisors estimate that this decision will lead to a further tax payment of approximately MEUR 6 plus possible interest. The consolidated financial statements of the European Directories Group include a provision of MEUR 9 in respect of the Finnish tax cases.

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For further information, please contact:

Group CFO

Neil Robson
Tel +31 20 408 6400

E-mail: ir@europeandirectories.com

European Directories Group is an online partner for SMEs offering local search and lead generation with a scalable business model. The European Directories Group operates through three main brands: Fonecta in Finland, Herold in Austria and DTG in the Netherlands. More information about the European Directories Group can be found at www.europeandirectories.com.

This information is information that European Directories BondCo S.C.A. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8:00 CET on 16 December 2016.