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TeliaSonera AB (0H6X)

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Monday 07 May, 2007

TeliaSonera AB

TeliaSonera increases its shareholding in Eesti...

Press Release
May 7, 2007

TeliaSonera increases its shareholding in Eesti Telekom

TeliaSonera, the leading telecommunications company in the Nordic and Baltic
regions, has today acquired 4.61 percent of the outstanding shares in Eesti
Telekom for a cash consideration of approximately SEK 485 million. After the
transaction TeliaSonera holds 58.3 percent in Eesti Telekom.

For further information journalists can contact:
Press Service, TeliaSonera AB, +46-(0)8-713 58 30

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 is the leading telecommunications company in the Nordic and Baltic
region, with strong positions within mobile communications in Eurasia, Turkey
and Russia. At the end of 2006, TeliaSonera launched mobile services in Spain.
We provide reliable, innovative and easy-to-use services for transferring and
packaging voice, images, data, information, transactions and entertainment. In
2006, TeliaSonera's net sales amounted to SEK 91 billion, and at the end of
March 2007 the total number of customers exceeded 100 million in 15 countries.
The TeliaSonera share is listed on the Stockholm Stock Exchange and the Helsinki
Stock Exchange, and the company is included in the Dow Jones Sustainability
Index. Simplicity and service are important tools for us in creating profitable
growth and value for our customers and shareholders. Read more at                                                                                                              

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