Highlights • Revenue declined by 1.7% to DKK 29,110m compared with 1Q-3Q 2007 due to lower revenue from traditional landline telephony, divestment of International Voice Business, divestment and outsourcing of business activities in Business Nordic, lower sales in TDC Shop, lower roaming prices as well as fewer landline and mobile wholesale customers. This was partly offset by more broadband and TV customers as well as more domestic retail mobile customers and more mobile customers in Sunrise. Further, a positive impact was achieved from HTCC's acquisitions that was partly offset by the divestments of Bité and Sunrise Business Communications (SBC). Adjusted for acquisitions and divestments of enterprises, revenue declined by 3.1%. • EBITDA increased by 4.4% to DKK 9,781m compared with 1Q-3Q 2007 due to more broadband and TV customers, lower wages, salaries and pension costs as well as lower transmission costs resulting from lower traffic in traditional landline telephony. Further, a positive impact was achieved from HTCC's acquisitions in addition to gains from the divestment of small business activities. This was partly counterbalanced by lower revenue from traditional landline telephony, the divestments of Bité and SBC, sale and lease back of properties as well as higher customer acquisition and retention costs in Sunrise due to growth in customer intake. The EBITDA margin improved from 31.6% to 33.6%. Adjusted for acquisitions and divestments of enterprises, EBITDA increased by 1.8%, reflecting a 4.5% increase in the Nordic business and a 11.9% decline in Sunrise. • Operating income (EBIT), excluding special items, increased by 13.5% to DKK 5,490m. • Net income declined to DKK 1,992m compared with DKK 9,381m in 1Q-3Q 2007, due to the gains from the divestment of Bité and Talkline as well as divestment of properties in 1Q-3Q 2007. • Net income from continuing operations, excluding special items and fair value adjustments, rose by 49.0% to DKK 3,069m. • Total cash flow declined to DKK (7,192)m compared with DKK 3,162m in 1Q-3Q 2007, due to the sale of properties and divestment of Bité and Talkline in 1Q-3Q 2007. • Net interest-bearing debt was down by DKK 3,820m to DKK 40,468m. • TDC acquired Tele2 in Switzerland. Outlook for 2008 (revised) • Revenue is expected to decrease slightly compared with 2007, as declining revenue in the domestic landline business and Sunrise will be only partly compensated for by the full-year effect of HTCC's acquisitions and growth in YouSee. • Net income from continuing operations, excluding special items and fair value adjustments, is expected to increase by 30%-40% compared with 2007. More efficient operations, decreasing interest expenses as well as lower depreciation, amortization and impairment losses will be partly offset by higher taxes from the full-year effect of the tax legislation amendments in 2007. Please read the full report attached to the link below. For inquiries regarding the report please contact TDC Investor Relations at +45 6663 7680. TDC A/S Teglholmsgade 1 0900 Copenhagen C DK-Denmark tdc.com