900 MHz EGSM frequency awarded to Tele2 Croatia

Johnny Svedberg, Market Area Director Baltic, Russia & Croatia,
comments; "The new 900 MHz EGSM frequency in Croatia will allow us to
enhance network coverage, reduce capital expenditure as well as
improve our price position in the market. Together with the new
roaming agreement, effective from 1 June 2008, the 900 MHz frequency
will enable Tele2 to significantly improve the operational
performance of its Croatian business."

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Further information can be obtained from:
Lars-Johan Jarnheimer, President and CEO Tele2, Tel: +46 8 5626 4000
Johnny Svedberg, Market Area Director Baltic, Russia & Croatia, Tel:
+46 8 5626 4000
Lars Torstensson, Investor inquiries, Tel: +46 702 73 48 79
Lena Krauss, Investor inquiries, Tel: +46 8 5620 0045

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 25 million customers in 15 countries. Tele2 offers fixed and
mobile telephony, broadband, data network services and cable TV. Ever
since Jan Stenbeck founded the company in 1993, it has been a tough
challenger to the former government monopolies and other established
providers. Tele2 has been listed on OMX Nordic Exchange Stockholm
since 1996. In 2006 we had operating revenue of SEK 50.3 billion and
we reported an operating profit (EBITDA) of SEK 5.7 billion.