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Eniro: Eniro has reached a stand still agreement with bank syndicate to defer payments

Eniro AB (publ) - listed on Nasdaq Stockholm - has today reached an
agreement with its lenders, a syndicate of six banks, which means
deferment of principal payments on the company's bank loans and the
key ratio covenants of the loans. During the period of this stand
still agreement Eniro will negotiate about the company's loan
agreement and capital structure. The stand still agreement is in
effect until the end of February 2017.

- If a reorganization of the capital structure can be achieved, we see
good conditions for Eniro. During the autum the executive management
has, together with the Board of directors, established a new Business
Plan where the outlook for the long term profitability is improved,
says Björn Björnsson, Chairman of the Board at Eniro.

Already in Eniro's interim report (Oct 28, 2016) for the third
quarter, the company stated:

"Eniro's board of directors is of the opinion that Eniro will not be
able to fulfill all of the key ratio covenants of its loan agreements
at year-end 2016. In addition, the Board believes that Eniro will not
be able to meet the loan amortization payments that are required
under the terms of its current loans by the second quarter 2017. The
Board has initiated negotiations with Eniro's creditors to adapt the
company's loan terms and other capital structure to the new business
model and the company's long-term ability to repay."

For more information, please contact:
Björn Björnsson, Chairman of the Eniro Board of Directors, +46 70 399
80 16

This information is information that Eniro AB 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 08:00 CET on December, 14 2016.

Eniro is a leading search company for individuals and businesses in
the Nordic region. With quality-assured content and an unrivalled
user experience Eniro inspires local discoveries and makes local
communities thrive. Eniro's content is available through internet and
mobile services, printed directories, directory assistance and SMS
services. Each week Eniro Group's digital services have 8.1 million
unique visitors who perform 14.5 million searches. Eniro Group has
about 1,700 employees and operations in Sweden, Norway, Denmark,
Finland and Poland. The company is listed on Nasdaq OMX Stockholm
[ENRO] and headquartered in Stockholm. More on Eniro at


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