TeliaSonera January-September 2004


STOCKHOLM, Sweden, Oct. 27, 2004 (PRIMEZONE) -- Effective January 1, 2004, TeliaSonera applies IFRS 3, which means that goodwill amortization (GWA) has been discontinued.


 Nine-month period
 -- Net sales increased 1 percent to SEK 61,184 million (60,718).
 -- Operating income, excluding non-recurring items and GWA, 
    increased to SEK 15,783 million (14,634).
 -- Net income increased to SEK 10,873 million (4,975) and 
    earnings per share climbed to SEK 2.33 (1.06). In the 
    comparative period, GWA was SEK 3,133 million.
 -- Strong customer growth year on year:
 -- 1 million new customers in the Nordic and Baltic operations.
 -- 11 million new customers in Eurasia, Russia and Turkey.

 Third quarter
 -- Net sales increased 3 percent to SEK 20,649 million.
 -- Operating income, excluding non-recurring items3) and GWA, 
    improved to SEK 5,898 million (5,190).
 -- EBITDA4) margin improved to 39.8 percent (39.4).
 -- The shareholding in Omnitel was increased to 100 percent. 
    Orange in Denmark was acquired at the beginning of October.
 -- Approximately SEK 10 billion repurchase of shares through a 
    public offer to be proposed to the Annual General Meeting in 
    April 2005.

Questions regarding content in the reports: TeliaSonera AB Investor Relations SE--106 63 Stockholm, Sweden Tel. +46 8 504 550 00 Fax +46 8 611 46 42 www.teliasonera.com/ir

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