QUARTERLY REPORT Q4 2012

Highlights

• The group's provisional operating profit for the year as a whole was NOK 44m, compared with NOK 9m in 2011
• The 4th quarter saw an operating profit of NOK 9m, as against a loss of NOK 13m in the same quarter of the previous year
• Group revenues in 2012 were NOK 1,200m, up 2% on the previous year at current exchange rates
• In the 4th quarter of 2012 revenues were NOK 312m, up 2% on the same quarter of the previous year
• The improvement in profits is mainly due to more efficient operation
• For the Global publications growth was around 3% higher at fixed exchange rates
• NHST Media Group acquired ddp direct GmbH in Germany in December 2012
• The figures for the quarter and the full year are affected by a change in accounting policies for MyNewsdesk and previous year’s numbers have been restated to preserve comparability (see section on Digital & Nordic)
• The Board of Directors is recommending a dividend of NOK 11 per share, up from NOK 5,45 in 2011.