TEE: TeliaSonera AB: TeliaSonera: MegaFon IPO priced at USD 20 per GDR and share UK Regulatory Announcement STOCKHOLM DISCLAIMER Important Information Access to the information and documents on this portion of the website is restricted for regulatory reasons.Youare requestedto review the following information and make the following confirmation each time you seek to access this restricted information.Your confirmationmust be true and accurate. THESE MATERIALS ARE NOT DIRECTED AT OR ACCESSIBLE BY PERSONS LOCATED IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN ANY OTHER STATE OR JURISDICTION WHERE THE OFFER OR SALE OF THE GDRS OR SHARES IS NOT PERMITTED. These materials are not an offer for sale of securities in the United States. Securities may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). 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The GDRs have not been and will not be registered in Russia and are not intended for “placement”, “public circulation” , “offering” or “advertising” (each as defined in Russian law) in the Russian Federation except as permitted by Russian law. By clicking “Yes, I accept” below, I confirm: (a) that I have read, understand and agree to comply with all of the restrictions set forth above and that my country of residence and current locationis not the United States, Australia,Canada or Japan or any other jurisdiction in which such a distribution or such access is unlawful; (b) and that I am permitted to proceed to electronic versions of the information and documents on this portion of the website; c() that I am a resident of the United States, Canada, Australia, Japan or Italy and am not physically present in the United States, Canada, Australia, Japan or Italy. THESE MATERIALS ARE NOT DIRECTED AT OR ACCESSIBLE BY PERSONS LOCATED IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN ANY OTHER STATE OR JURISDICTION WHERE THE OFFER OR SALE OF THE GDRS OR SHARES IS NOT PERMITTED. TeliaSonera confirms that the MegaFon IPO has been priced at USD 20 per GDR and per share and that trading will commence today. The offer price is set at USD 20 per GDR and per share, with each GDR representing an interest of one share. MegaFon’s market capitalization is valued at approximately USD 11 billion at the offer price. “I am very pleased we have succeeded in what we set out to do, to create value for our shareholders by increasing liquidity and visibility in MegaFon. Following completion of the IPO we will receive substantial proceeds while retaining a strategic stake in the company, which will enable us to benefit from its future success”, says Lars Nyberg, President and CEO. The offering is valued at approximately USD 1.9 billion of which TeliaSonera will receive USD 1.3 billion (approximately SEK 9 billion), assuming exercise in full of the over-allotment option. TeliaSonera has reduced its 35.6 percent interest in MegaFon to a long-term strategic ownership of 25 percent plus one share on a fully diluted basis. At the offer price, the remaining ownership of Megafon is valued at approximately SEK 20 billion. TeliaSonera’s total investment in MegaFon has been SEK 1.2 billion. Please visit MegaFon press room(http://english.corp.megafon.ru/investors/) for full press release. Please visit our press room(http://www.teliasonera.com/en/newsroom/press-releases/2012/10/megafon-announces-intention-to-proceed-with-initial-public-offering/) for other press releases related to MegaFon’s IPO. TeliaSonera AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication at 07.00 .am., 28.11.2012. 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. TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera helps people and companies communicate in an easy, efficient and environmentally friendly way. Our ambition is to be number one or two in all our markets, providing the best customer experience, high quality networks and cost efficient operations. TeliaSonera is also the leading European wholesale provider with a wholly-owned international carrier network. In 2011, net sales amounted to SEK 104 billion, EBITDA to SEK 36.9 billion and earnings per share to SEK 4.20. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com. This information was brought to you by Cision http://www.cisionwire.com TeliaSonera press office 46-771 77 58 30 email@example.com or Newsroom(http://www.teliasonera.com/en/newsroom/) or Twitter@TLSN_Media. Contact: TeliaSonera
TEE: TeliaSonera AB: TeliaSonera: MegaFon IPO priced at USD 20 per GDR and share
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