TELE2 CLOSES SALE OF TELE2 NETHERLANDS AND TELE2 BELGIUM TO VERSATEL AND SUBSCRIBES FOR VERSATEL SHARES


Tele2 Finance B.V. and affiliates ("Tele2 Finance") has subscribed
for 349,164,120 shares in  Versatel's rights issue. Tele2 Finance
B.V. now owns 81.7% of Versatel's outstanding ordinary shares.
Assuming conversion of the convertible notes at the recalculated
conversion price of €0.70 per ordinary share, Tele2 Finance owns
84.6% of Versatel's outstanding ordinary shares on a fully diluted
basis.


Further information can be obtained from:
Lars-Johan Jarnheimer, President and CEO Tele2 AB, Telephone: +46 8
5626 4000

Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79

Tele2 is Europe's leading alternative telecom operator. Tele2's
mission is to provide cheap and simple telecoms for everyone in
Europe. Tele2 always strives to offer the market's best prices. We
have 29 million customers in 22 countries. Tele2 offers fixed and
mobile telephony, broadband, data network services, cable TV and
content services. Ever since Jan Stenbeck founded the company in
1993, it has been a tough challenger to the former government
monopolies. Tele2 has been listed on Stockholmsbörsen since 1996. In
2006 we had operating revenue of SEK 50.3 billion and reported a
profit (EBITDA) of SEK 5.7 billion

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