Tele2 AB : Change in the number of shares

Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) today
announced that as of 30 November 2011 the number of shares in Tele2 AB amounts
to 448,783,339 shares of which are 20,990,050 Class A shares, with ten votes
each, and 423,234,289 Class B shares and 4,559,000 Class C shares with one vote
each. The total number of votes in the company amounts to 637,693,789.

In November the number of shares in the company has increased with 1,700,000
shares and the number of votes in the company has increased with 1,700,000
votes. The reason for the increase in shares and votes is an issue of Class C
shares.

Contacts

Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79
Pernilla Oldmark, Press Inquiries, Telephone: +46 704 26 45 45


TELE2 IS ONE OF EUROPE'S LEADING TELECOM OPERATORS, ALWAYS PROVIDING THE BEST
DEAL. We have 34 million customers in 11 countries. Tele2 offers mobile
services, fixed broadband and telephony, data network services, cable TV and
content services. Ever since Jan Stenbeck founded the company in 1993, it has
been a tough challenger to the former government monopolies and other
established providers. Tele2 has been listed on the NASDAQ OMX Stockholm since
1996. In 2010, we had net sales of SEK 40.2 billion and reported an operating
profit (EBITDA) of SEK 10.3 billion.

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