Eniro and DeTeMedien reach a settlement agreement regarding a dispute in Germany


Eniro and DeTeMedien reach a settlement agreement regarding a dispute in Germany

Eniro and DeTeMedien Deutsche Telekom Medien GmbH (DeTeMedien) have reached a
settlement regarding the dispute in Germany between Eniro Windhager Medien GmbH
(Windhager) and DeTeMedien. 

The dispute has been pending in German courts for nearly eight years and was
initiated in 2001. The companies have now settled the dispute and agreed not to
disclose the terms and conditions of the settlement. “We decided to focus our
resources on our customers and users rather than on long term uncertain legal
proceedings” says Jesper Kärrbrink, CEO of Eniro and Stephan Schmitt, CEO of
DeTeMedien. 

The dispute arose in conjunction with Eniro's acquisition of Windhager in
December 2000 and the termination of the partnership agreements between
Windhager and DeTeMedien. Following the sale of German operations in Wer Liefert
Was? in 2007, Eniro has no remaining operations in Germany and no plans to
re-enter the German market.

The settlement implies that the value of the German tax losses, announced in a
press release March 12, 2009, will be somewhat reduced. 



For further information: 
Jan Johansson, CFO, tel. +46 8 55 33 10 15, mobile +46 70 575 89 72
Katarina Lindgren, Chief Legal Officer, tel + 46 8 55 33 13 73, mobile +46 70
671 82 82
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, Voice and Offline Media 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 Operational EBITDA (Operating
income before depreciation but excluding capital gains and restructuring costs)
of SEK 2,037 M.

Attachments

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