TeliaSonera AB (publ) Report on execution of voluntary non-competitive tender offer

On 14 October 2009 TEO LT, AB received from TeliaSonera AB (publ) a report on
execution of voluntary non-competitive tender offer. 

REPORT ON EXECUTION OF VOLUNTARY NON-COMPETITIVE TENDER OFFER

1. TeliaSonera AB (publ), 556103-4249, SE-106 63 Stockholm, Sweden, tel. no.
+46 8 504 550 00; fax. no. +46 8 504 550 01 
(name, surname or company name, code, address, phone numbers of the offeror)

2. TEO LT, AB, 121215434, Savanorių pr. 28, Vilnius, Republic of Lithuania,
tel. no. +370 5 262 1511; fax. no. +370 5 2126 665 
(name, address, phone and fax numbers of the issuer for whose shares tender
offer has been made) 

3. 11th September 2009 No. 2K-268
(date and number of the decision of the Securities Commission to approve the
circular of the tender offer or corrections on its conditions) 

4. Official tender offer was valid from 17th September 2009 to 9th October 2009
(the beginning and the ending dates of the tender offer execution)

5. Ordinary registered shares, ISIN code LT0000123911, nominal value of LTL 1
(one litas) each 
(type, class, ISIN code, nominal value of the securities for which the tender
offer has been made for) 

6. No less than 1 and no more than 281,470,107 ordinary registered TEO LT, AB
shares that constitute approx. 36.23% of all shares issued by TEO LT, AB and
approx. 34.54% of all votes in general meeting of shareholders of TEO LT, AB 
(number of securities acquired, the percentage in authorised (bank's -share)
capital of the issuer for whose shares the tender offer has been made and
number of votes(%)) 

7. 23,479,470 ordinary registered shares, ISIN code LT0000123911, that
constitute approx. 2.88% of all shares issued by TEO LT, AB and about 3.02% of
all votes in general meeting of shareholders of TEO LT, AB 
(number of the acquired securities under their ISIN codes, percentage they
amount in authorised (bank's - share) capital of the company for which shares
the tender offer has been made and number of votes(%)) 

8. 23,479,470 ordinary registered shares
(the number of paid-up purchased securities of the company for whose shares the
tender offer has been made) 

Dovilė Burgienė, representative of TeliaSonera AB (publ) acting under the power
of attorney issued by TeliaSonera AB (publ) 17 August 2009 
Position of the head of the offeror; signature; name, surname


Date of signing 14-10-2009

*****

Eglė Gudelytė-Harvey, 
Director of Corporate Administration and Legal Affairs Unit,
TEO LT, AB 
tel. +370 5 236 72 92