NOT FOR RELEASE OR DISTRIBUTION OR PUBLICATION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN OR CANADA Today, TDC A/S announces the intention of its majority shareholder to undertake a marketed offering of secondary shares (the “Shares”) to Danish investors and international institutional investors (the “Offering”). The Shares will be offered by NTC S.A. and NTC Holding G.P. & Cie S.C.A. (together, the “Selling Shareholders” or “NTC”), companies indirectly controlled by investment funds directly or indirectly advised or managed by Apax Partners LLP, The Blackstone Group, Kohlberg Kravis Roberts & Co LP, Permira Advisers KB and Providence Equity LLP. Certain Details of the Offering With the contemplated Offering, NTC will realise a part of its investment in TDC and TDC will have an opportunity to broaden its shareholder base. The Selling Shareholders will remain a significant investor in TDC after the Offering, and have committed to a lock-up on their remaining holdings for 180 days following the transaction. J.P. Morgan Securities Ltd., Morgan Stanley & Co. International plc and Skandinaviska Enskilda Banken, Denmark (branch of Skandinaviska Enskilda Banken AB (publ), Sweden) are acting as Joint Global Coordinators and Joint Bookrunners for the proposed Offering, while Deutsche Bank AG and UBS Investment Bank are acting as Joint Bookrunners. Credit Suisse Securities (Europe) Ltd, Goldman Sachs International, Nomura International plc, HSBC Investment Bank plc and Danske Markets (Division of Danske Bank A/S) are acting as Joint Lead Managers. Danske Markets and Skandinaviska Enskilda Banken, Denmark (branch of Skandinaviska Enskilda Banken AB (publ), Sweden) are also acting as Nordic Retail Bookrunners, whilst BNP Paribas and Carnegie Bank A/S are acting as Co-Lead Managers. No assurance can be given that NTC will commence any Offering, or if commenced, that it will be completed. This announcement is not an offering memorandum, and nothing herein contains an offering of securities. No one should purchase or subscribe for any securities in TDC A/S except on the basis of information in an offering memorandum published in connection with the Offering, should it be decided to launch such Offering. TDC A/S Teglholmsgade 1-3 0900 Copenhagen C DK-Denmark tdc.com