Eniro repays SEK 193 M of bank debt

As announced earlier, Eniro has today redeemed its existing interest-rate swaps.
The company has repaid approximately SEK 193 M bilateral loan to Nordea. The
repayment represents part of the total SEK 1.2 billion that Eniro will be
repaying during the current year. Following the repayment to Nordea, the
company’s loan portfolio comprises solely of loans carrying variable interest
rates (3 months). The loan is distributed equally between the six banks that are
included in Eniro’s bank consortium.

The company’s indebtedness continues to be reduced according to plan. As a
result of the reduced borrowing and lower interest rates, the company’s interest
costs in 2013 will decline by approximately SEK 100 M, compared with 2012. If
all other factors remain equal, lower interest costs, combined with lower costs
of approximately SEK 280 M for planned amortization of intangible assets, profit
after tax in 2013 will improve by some SEK 380 M, compared with the current
year.

“It is with great satisfaction that we now continue to reduce our borrowing.
Being able to reduce borrowing by SEK 1.2 billion in 2012 through our own
efforts, combined with a successful issue of preferential shares, demonstrates
the strength of our business model. Viewed overall, a stable EBITDA, an
unchanged investment level and working capital that is under control will
generate strong cash flow,” says Johan Lindgren, President and CEO of Eniro.

For more information, please contact:
Johan Lindgren, President and CEO, Tel: +46 8 553 310 01
Mattias Lundqvist, CFO, Tel: +46 8 553 310 04
Cecilia Lannebo, Head of Investor Relations, Tel: +46 722 208 277, email:
cecilia.lannebo@eniro.com

The information is such that Eniro AB (publ) is required to disclose in
accordance with the Swedish Financial Instruments Trading Act and/or the Swedish
Securities Market Act. The information was submitted for publishing at 08:00
a.m. on August 21, 2012.
Eniro is the Nordic region’s largest local search company. Both consumers and
companies can use Eniro’s services to easily locate where to buy services and
products – regardless of whether the channel is internet, catalog or mobile.
Advertisers can actively market themselves to interested consumers, find new
customers and increase sales.

Eniro has approx. 3,500 employees in the Nordic region and Poland and has been
listed on Nasdaq OMX Stockholm since 2000. During 2011, Eniro’s revenues
amounted to SEK 4,323 M and EBITDA was
SEK 991 M. Headquarter is located in Stockholm, Sweden. More on Eniro at
www.eniro.com