TEE: TeliaSonera AB: TeliaSonera specifies significant items in the year-end report

  TEE: TeliaSonera AB: TeliaSonera specifies significant items in the year-end

UK Regulatory Announcement


Ahead of the year-end results announcement on January 31, TeliaSonera
(STO:TLSN)(HEX:TLS1V)(LSE:TEE)(Nasdaq:TLSN) specifies non-recurring items that
in total will have a positive impact on Operating income of SEK 189 million in
the fourth quarter of 2012. In addition, a positive one-time effect of SEK
1,225 million related to a net deferred tax liability, as a result of the
reduction of the corporate income tax in Sweden from 26.3 percent to 22.0
percent, will be recorded in the fourth quarter of 2012.

TeliaSonera has decided to make a non-cash goodwill impairment charge in
Norway related to NetCom. The charge of SEK 2,914 million relates to the
substantial goodwill amount created at the acquisition of the company in 2000,
and the current assessment of the achievable long-term return on investment. A
goodwill write-down of SEK 2,752 million related to NetCom was previously made
in the second quarter of 2012.

In November, 2012, the MegaFon initial public offering (IPO) was successfully
priced at USD 20 per GDR and per share and TeliaSonera reduced its ownership
from 35.6 percent to 25.2 percent. As part of the transaction, TeliaSonera
will recognize a capital gain of SEK 5,378 million in the fourth quarter of

In December, 2012, TeliaSonera signed an agreement to divest its Norwegian
subsidiary NextGenTel to Telio, a company listed on the Oslo Stock Exchange.
As a result, TeliaSonera will recognize a loss of SEK 1,550 million in the
fourth quarter of 2012 from the write-down of goodwill.

Capital gain from a reduction in ownership in MegaFon      SEK 5,378 million
Non-cash goodwill write-down in NetCom (Norway)             SEK -2,914 million
Non-cash goodwill write-down in NextGenTel (Norway)         SEK -1,550 million
Other non-recurring items, such as restructuring charges,   SEK -725 million
Total impact on Operating income in the fourth quarter of   SEK 189 million

TeliaSonera’s Year-end Report will be announced on Thursday, January 31, 2013
at around 7:00 (CET).

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 8 a.m. CET on January
24, 2013.

For more information, please contact the TeliaSonera press office +46 771 77
58 30, press@teliasonera.comail, visit our Newsroom or follow us on Twitter

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.

This information was brought to you by Cision http://www.cisionwire.com


TeliaSonera AB
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