TeliaSonera and Elisa have settled arbitration dispute


STOCKHOLM, Sweden, Jan. 26, 2004 (PRIMEZONE) -- TeliaSonera Mobile Networks AB (former Telia Mobile) and Elisa's subsidiary Radiolinja Origo Ltd. have settled the disputes relating to the service provider agreement in Telia Mobile's divested business in Finland.

The settlement ends the arbitration procedure, which begun in 2002, in which Telia Mobile Finland (sold since the merger between Telia and Sonera) and Radiolinja, claimed damages from each other. The parties have agreed not to disclose the settlement amount.

The impact of the settlement is accounted for in 2003 and is included in the result of the sale of Telia Mobile Finland.


For further information journalists can contact:
TeliaSonera's Press Office
+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.

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http://www.waymaker.net/bitonline/2004/01/26/20040126BIT00050/wkr0001.doc

http://www.waymaker.net/bitonline/2004/01/26/20040126BIT00050/wkr0002.pdf