TeliaSonera's agreement on purchase of Turk...

Press Release
January 26, 2007


TeliaSonera's agreement on purchase of Turkcell shares valid

An arbitration tribunal of the International Chamber of Commerce has issued an
award finding that a binding share purchase agreement was concluded between
TeliaSonera and Cukurova in 2005, calling for Cukurova to sell all the remaining
shares in Turkcell Holding to TeliaSonera for a cash consideration of USD 3.1
billion (approximately SEK 21.7 billion), thereby increasing TeliaSonera's
effective ownership to 64.3 percent in Turkcell.

The tribunal held that Cukurova is obligated to join TeliaSonera in good faith
efforts to bring about a closing of the Turkcell Holding transaction. The
tribunal retains jurisdiction of the matter until the parties report back on
their efforts to reach closing. The tribunal further held that even if Cukurova
proceed to closing of the transaction, the responsibility to pay potential
damages due to the delay in proceeding to closing remains.

"I am of course very pleased with this decision, which is in line with what we
have claimed all the time," comments Anders Igel, President and CEO of
TeliaSonera, and continues "We hope to conclude the transaction with Cukurova,
but even if the share purchase agreement is binding, we do not yet know if
Cukurova is willing to, or able to, proceed with a transfer of the shares to
TeliaSonera."

On March 25, 2005, an agreement was announced in which Cukurova agreed to sell
all the remaining shares in Turkcell Holding to TeliaSonera. The award results
from an arbitration proceeding in Geneva that TeliaSonera commenced in May 2005,
against Cukurova after Cukurova withdrew from the transaction.


Forward-Looking Statements
Statements made in the press release relating to future status or circumstances,
including future performance and other trend projections are forward-looking
statements. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will
occur in the future. There can be no assurance that actual results will not
differ materially from those expressed or implied by these forward-looking
statements due to many factors, many of which are outside the control of
TeliaSonera.


For further information please contact:
Mr Erdal Durukan, President of Business Area Eurasia, TeliaSonera AB, via
TeliaSonera's Press Office  [phone]

TeliaSonera is the leading telecommunications company in the Nordic and Baltic
regions. At the end of December 2005 TeliaSonera had 19,146,000 mobile customers
(69,887,000 incl associated companies) and 7,064,000 fixed telephony customers
(7,688,000 incl associated companies) and 2,263,000 internet customers
(2,331,000 incl associated companies). Outside the home markets TeliaSonera has
extensive interests in the growth markets in Russia, Turkey and Eurasia.
TeliaSonera is listed on the Stockholm Stock Exchange and the Helsinki Stock
Exchange. Net sales January-December 2005 amounted to SEK 87.7 billion. The
number of employees was 28,175.