Privatization agreement of Azercell in Azerbaijan has been signed

Press Release
February 12, 2008

Privatization agreement of Azercell in Azerbaijan has been signed 

The agreement for the privatization process of the Republic of Azerbaijan's 35.7
percent ownership in Azercell Telekom B.M. (Azercell), the leading mobile
operator in Azerbaijan, has been signed. The deal is pending certain closing
procedures.

Azertel A.S., the parent company of Azercell and a majority-controlled
subsidiary of Fintur Holdings B.V. (Fintur), acquired the entire stake of the
Republic of Azerbaijan. Azertel will thereby increase its ownership in Azercell
to 100 percent. Fintur's effective ownership in Azercell remains at 51 percent.
TeliaSonera's direct and indirect ownership in Fintur is 74 percent. 


TeliaSonera AB discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The
information was submitted for publication at 14:00 (CET) on February 12, 2008.


For further information journalists can contact:
TeliaSonera's Press Office +46-(0)8-713 58 30

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TeliaSonera.TeliaSonera is the leading telecommunications company in the Nordic and Baltic
region, with strong positions within mobile communications in Eurasia, Turkey
and Russia. At the end of 2006, we launched mobile services in Spain. 
We are the leading European provider of quality cross-border voice, IP and
capacity services, provided through our wholly-owned international carrier
network. In 2007, TeliaSonera's net sales amounted to SEK 96 billion, and at the
end of December 2007 the total number of subscriptions exceeded 114 million in
17 countries. The TeliaSonera share is listed on the Stockholm Stock Exchange
and the Helsinki Stock Exchange, and the company is included in the Dow Jones
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