Eniro Group

Share Issue/Capital Change • Jul 18, 2019

Press release 2019-07-18

Reduction of Eniro's share capital is carried out

Eniro AB (publ) (the "Company") applied in May 2019 at the Swedish Companies Registration Office for permission to reduce the Company's share capital for transfer to unrestricted equity, in accordance with the previously announced decision at the AGM on 9 May 2019. Today the Company has received permission from the Swedish Companies Registration Office to implement the reduction of the Company's share capital.

The share capital is being reduced with 587,898,596.06 SEK without the cancelation of shares. Following the reduction in share capital as per the above, the Company's share capital will amount to 53,465,749.60 SEK, distributed among a total of 66,832,187 shares, each with a quota value of 0.80 SEK. The reduction does not affect the number of shares in the Company.

For more information, please contact:

Anne Langbraaten, CFO, tel: +46 8 553 310 00

Eniro is a Digital marketing- and On-line search company for individuals and businesses in the Nordic region. With qualityassured content and an unrivaled user experience, Eniro inspires local discoveries and makes local communities thrive. Eniro's content is available through Internet and mobile services, directory assistance and SMS services. Each week, Eniro Group's digital services have about six million unique visitors. Eniro Group has about 1,100 employees and operations in Sweden, Norway, Denmark and Finland. The company is listed on Nasdaq Stockholm [ENRO] and headquartered in Stockholm. More about Eniro at enirogroup.com.

This document has been prepared in Swedish and translated into English. In the event of any discrepancies between the Swedish and the translation, the former shall take precedence.