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Eniro Group

Earnings Release Apr 15, 2009

3156_rns_2009-04-15_b7b7b0f2-d696-4fc7-aa10-364500503794.pdf

Earnings Release

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P R E S S R E L E A S E A p r i l 1 5 , 2 0 0 9

New segment reporting according to IFRS8

As of January 1, 2009 Eniro will adopt IFRS 8 which replaces IAS 14. The new standard requires segment information to be reported in accordance with the financial information reported internally. From 2009 the financial information will be reported in the segments Online, Offline Media and Voice. The presentation of the financial information will be in line with the new organization and based on management's monitoring of financial performance.

To facilitate the comparison with 2008 figures Operating Revenues and EBITDA are presented for Online, Offline Media and Voice.

Q1-08 Q2-08 Q3-08 Q4-08 Total
Operating Revenues total 1 376 1 678 1 480 2 111 6 645
Online 567 592 587 684 2 430
Offline Media 587 838 656 1 181 3 262
Voice 222 248 237 246 953
EBITDA total 301 580 478 705 2 064
Online 198 294 223 227 942
Offline Media 73 246 195 466 980
Voice 51 61 74 45 231
Other -21 -21 -14 -33 -89
EBITDA margin % 22% 35% 32% 33% 31%
Online 35% 50% 38% 33% 39%
Offline Media 12% 29% 30% 39% 30%
Voice 23% 25% 31% 18% 24%

SEK M

In the above table capital gains and restructuring costs are included according to the following:

Q2 2008: Restructuring costs are included in Online with SEK 12 M and in Voice with SEK 10 M. Capital gains are included in Online with SEK 87 M.Q4 2008: Restructuring costs are included in Online with SEK 2 M, Offline Media with SEK 2 M, Voice with SEK 11 M and Other with SEK 23 M.

For further information:

Jan Johansson, CFO, tel. +46 8 55 33 10 15, mobile +46 70 575 89 72

Åsa Wallenberg, Head of IR & Communication, tel. +46 8 553 310 66, mobile +46 70 361 34 09

www.eniro.com

Eniro is the leading directory and search company in the Nordic media market. Eniro's search database connects sellers to buyers and makes it easy to find people using Online, Offline Media and Voice channels. Eniro has operations in Sweden, Norway, Finland, Denmark and Poland.

Eniro is listed on the Stockholm Stock Exchange and has some 5,000 employees. In 2008, revenues amounted to SEK 6,645 M, with EBITDA of SEK 2,064 M.

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