Millicom International Cellular: Conference Call Announcement


BERTRANGE, Luxembourg, October 18, 2002 (PRIMEZONE) -- Millicom International Cellular (Nasdaq:MICC) CONFERENCE CALL REGARDING FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 2002

Wednesday, October 23, 2002 17:00 (CET - Luxembourg) 11:00 (EST - New York)

Presenters:

Marc Beuls, President and CEO David Worcester, CFO

To register for the conference call, (which will also be broadcast live over the web at www.millicom.com), please send an e-mail to info@sharedvalue.net by Tuesday, October 22nd. Please include 'Millicom' in the subject line.

Millicom International Cellular S.A. is a global telecommunicationsinvestor with cellular operations in Asia, Latin America and Africa. Itcurrently has a total of 18 cellular operations and licenses in 17countries. The Group's cellular operations have a combined populationunder license (excluding Tele2) of approximately 444 million people. Inaddition, MIC operates the world's largest GSM clearing house, provideshigh-speed wireless data services in seven countries. MIC also has a9.3% interest in Tele2 AB, the leading alternative pan-Europeantelecommunications company offering fixed and mobile telephony, datanetwork and Internet services to over 16 million customers in 21countries. The Company's shares are traded on the Nasdaq Stock Marketunder the symbol MICC.

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The following files are available for download:

http://www.waymaker.net/bitonline/2002/10/18/20021018BIT00790/wkr0001.doc

http://www.waymaker.net/bitonline/2002/10/18/20021018BIT00790/wkr0002.pdf