TeliaSonera sells Stofa to Ratos

TeliaSonera sells Stofa to Ratos

TeliaSonera has signed an agreement on the sale of its Danish subsidiary
Stofa to Ratos, a listed private equity company with Nordic focus. The
sales price is DKK 1.1 billion on a cash and debt free basis (Enterprise
value).

TeliaSonera acquired Stofa in 1995. During the whole period, Stofa has
operated as an independent subsidiary of the TeliaSonera Group, and
during the last 3 years all services provided by Stofa has been marketed
under the ‘Stofa' brand. Today, Stofa offers Television services, high
speed broadband and telephone services to its customers.

Per-Arne Blomquist CFO of TeliaSonera comments: “In the fifteen years
that Stofa has been a part of the TeliaSonera Group we have seen strong
progress in the company's offerings and its market position, however its
operations are not in line with our core strategy in Denmark. We are
therefore very pleased to be able to hand over Stofa to an owner that
can further develop the company.”

Ole Simonsen, CEO of Stofa, comments: “The sale of Stofa is a natural
next step that will enable Stofa to continue to offer flexible and
innovative product offerings,” and he continues: “We are looking forward
to start a new chapter in Stofa's development with Ratos as owner. Ratos
has significant experience within innovation - an experience that will
benefit all of Stofa's customers.”

Handelsbanken Capital Market has acted as exclusive financial advisor to
TeliaSonera. The agreement is subject to approval of relevant
competition authorities as well as TeliaSonera Board approval.
TeliaSonera will recognize a capital gain of over DKK 500 million which
will be reported in the third quarter 2010.

About Stofa
Stofa was founded in Denmark 1959 and is headquartered in Horsens. Stofa
offers its services to approximately 345,000 households in more than 300
antenna association, through a 2,100 km fiber back-bone. Revenue in 2009
was DKK 1,024 million, EBITDA was DKK 166 million and EBIT was DKK 92
million. Stofa has approximately 500 employees.

 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
1.45 p.m CET on July 8, 2010.

_______________________________________________________________________
TeliaSonera's press office for journalists can be reached at +46-771 77
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.