TEE: TeliaSonera AB: Lars Nyberg leaves TeliaSonera

  TEE: TeliaSonera AB: Lars Nyberg leaves TeliaSonera

UK Regulatory Announcement

STOCKHOLM

Lars Nyberg, President and CEO, has decided to leave TeliaSonera

I am greatly relieved that Mannheimer Swartling has not found anything to
support the allegations that TeliaSonera committed bribery or participated in
money laundering. This is something that I have been convinced of since these
allegations emerged.

At the same time, the Mannheimer Swartling review criticizes TeliaSonera, not
least that we did not conduct a sufficiently in depth analysis into the
identity of our local partner in Uzbekistan before we invested in the country
or into how this partner came to own the assets that were later obtained by
TeliaSonera. Even if this transaction was legal, we should not have gone ahead
without learning more about the identity of our counterparty. This is
something I regret.

When the board received the Mannheimer Swartling report, I was informed that
there would be significant changes to the composition of the board. In order
to continue as chief executive I need a functioning board and their explicit
support. I was informed that as a result of the pending changes to the board
they were not prepared to express that support.

At that point I made up my mind that I would leave my position as chief
executive and therefore I am resigning.

I am incredibly proud of what we have achieved at TeliaSonera during my five
and half years as chief executive. It is a fantastic company with a huge
number of competent and committed employees.

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 11.15 a.m CET on
February 1 2013.

For more information, please contact the TeliaSonera press office +46 771 77
58 30, press@teliasonera.com, visit our Newsroom
(http://www.teliasonera.com/en/newsroom/) or follow us on Twitter @TLSN_Media
(https://twitter.com/TLSN_Media).

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.

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

Contact:

TeliaSonera AB
 
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