France Telecom withdraws its indicative offer

Press Release
June 30, 2008

France Telecom withdraws its indicative offer

TeliaSonera's Board of Directors confirms that there have been discussions with
France Telecom regarding the terms of the non-binding, indicative offer
presented on 5 June, 2008. As the terms and conditions have not been
significantly improved, the Board of TeliaSonera maintains its view that the
proposal substantially undervalues the company.

 “TeliaSonera is a strong business with excellent growth prospects in its own
right. The Board and management are focused on developing the company to its
full potential, driving strong and sustainable earnings growth and maximising
value for all shareholders,” says Tom von Weymarn Chairman of the Board of
TeliaSonera.









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 08.15 CET on June 30, 2008.
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For further information journalists can contact:
The TeliaSonera 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.