Telia Soneras dotterbolag Kcell har meddelat sin avsikt att genomföra en börsintroduktion i London och Almaty


DISCLAIMER – IMPORTANT

ELECTRONIC VERSIONS OF THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE
AVAILABLE ON THIS WEBSITE BY TELIASONERA AB IN GOOD FAITH AND ARE FOR
INFORMATION PURPOSES ONLY.

THESE MATERIALS ARE NOT ADDRESSED TO, DIRECTED AT OR ACCESSIBLE BY PERSONS IN
THE UNITED STATES OR PERSONS RESIDENT OR LOCATED IN AUSTRALIA, CANADA, JAPAN,
THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE THE EXTENSION OF
AVAILABILITY OF THE MATERIALS TO WHICH YOU ARE SEEKING ACCESS WOULD BREACH ANY
APPLICABLE LAW OR REGULATION.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES, CANADA, JAPAN OR AUSTRALIA

This announcement does not constitute or form part of any offer for sale or
subscription of or solicitation to buy or subscribe for any securities, and
neither this announcement nor any part of it shall form the basis of or be
relied on in connection with or act as an inducement to enter into any contract
or commitment whatsoever.

This announcement is an advertisement and not a prospectus. Investors should not
purchase or subscribe for any transferable securities referred to in this
announcement except on the basis of information in the prospectus to be
published by Kcell Joint Stock Company in due course in connection with the
admission of its common shares in the form of global depositary receipts to the
Official List of the United Kingdom Listing Authority and to trading on London
Stock Exchange plc’s main market for listed securities.

The materials do not constitute or form a part of any offer or solicitation to
purchase or subscribe for securities in the United States, Australia, Canada,
Japan, the Republic of South Africa or in any jurisdiction in which such offers
or sales are unlawful (the “Excluded Territories”). The securities mentioned in
these materials have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, or under any applicable securities laws of
any state, province, territory, county or jurisdiction of the United States,
Australia, Canada, Japan, or South Africa. Accordingly, unless an exemption from
registration under relevant securities laws is applicable, any such securities
may not be offered, sold, resold, taken up, exercised, renounced, transferred,
delivered or distributed, directly or indirectly, in or into the United States,
Australia, Canada, Japan, the Republic of South Africa or any other jurisdiction
if to do so would constitute a violation of the relevant laws of, or require
registration of such securities in, the relevant jurisdiction. There will be no
public offer of such securities in the United States.

The materials are only addressed to and directed at persons in member states of
the European Economic Area who are “qualified investors” within the meaning of
Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC), as amended,
(“Qualified Investors”). In addition, in the United Kingdom, this document is
being distributed only to, and is directed only at, Qualified Investors who are
persons who have professional experience in matters relating to investments
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the “Order”) or who are high net worth
entities falling within Article 49 of the Order, and other persons to whom it
may otherwise lawfully be communicated (all such persons together being referred
to as “relevant persons”). Any investment or investment activity to which this
document relates is available only to relevant persons in the United Kingdom and
Qualified Investors in any member state of the European Economic Area other than
the United Kingdom, and will only be engaged with such persons.

If you are not permitted to view materials on this website or are in any doubt
as to whether you are permitted to view these materials, please exit this
webpage. These materials must not be, released or otherwise forwarded,
distributed or sent in or into the United States, Australia, Canada, Japan, the
Republic of South Africa or any jurisdiction in which such offers or sales are
unlawful. Persons receiving such documents (including custodians, nominees and
trustees) must not distribute or send them in, into or from the United States,
Australia, Canada, Japan, or the Republic of South Africa.

Confirmation of understanding and acceptance of disclaimer

I warrant that I am not located in the United States and am not resident or
located in Australia, Canada, Japan, the Republic of South Africa or any other
jurisdiction where accessing these materials is unlawful, and I agree that I
will not transmit or otherwise send any materials contained in this website to
any person in the United States, Australia, Canada, Japan, the Republic of South
Africa or any other territory where to do so would breach applicable local law
or regulation.

I have read and understood the disclaimer set out above. I understand that it
may affect my rights and I agree to be bound by its terms. I confirm that I am
permitted to proceed to electronic versions of the materials.
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
------

Kcell, den ledande leverantören av mobila kommunikationstjänster i Kazakstan,
har idag meddelat att de kommer att genomföra en börsintroduktion avseende sina
aktier i form av globala depåbevis (GDR:er) samt som stamaktier i Kazakstan.

Erbjudandet utgörs av en försäljning av befintliga aktier vilka innehas av
Sonera Holding B.V., ett av TeliaSonera AB helägt dotterbolag, omfattande upp
till 25 % av aktierna i Kcell.

– Kcell är en viktig del av vår internationella verksamhet och ett av
TeliaSoneras mest framgångsrika dotterbolag, säger Lars Nyberg, verkställande
direktör och koncernchef för TeliaSonera. Vi står helhjärtat bakom Kcell som
kommer att kunna fortsätta att dra fördel av vår globala varumärkesidentitet,
delta i samarbeten inom internationell roaming och gemensamma teknikinitiativ,
inklusive gemensamma upphandlingar inom TeliaSonera-koncernen. Vi kommer att
samarbeta med Kcell för att säkerställa att företaget följer internationell
praxis när det gäller bolagsstyrning och samhällsansvar i övergången till att
bli ett börsnoterat
företag (http://europa.eu/legislation_summaries/internal_market/businesses/compa
n 
y_law/l33285_sv.htm).

– Vi är mycket glada över att Kcell börsnoteras både lokalt och internationellt.
Det här är en viktig milstolpe för vårt företag, som under de senaste 14 åren
har lett etableringen och utvecklingen av mobiltelefonin i Kazakstan, säger
Veysel Aral, vd för Kcell. Vi förväntar oss att börsintroduktionen ska hjälpa
oss att ytterligare stärka vårt varumärke och vårt anseende, ge oss ökad
tillgång till de internationella kapitalmarknaderna samt bidra till att vi
ytterligare kan utöka våra affärer och fortsatt erbjuda våra kunder nya data-
och mervärdestjänster.

Besök Kcells presscenter (http://www.kcell.kz/en/press-293/false?navipageId=561)
för att läsa hela pressmeddelandet.

Informationen är sådan som TeliaSonera AB (publ) ska offentliggöra enligt lagen
om värdepappersmarknaden och/eller lagen om handel med finansiella instrument.
Informationen lämnades för offentliggörande den 13.11. 2012 kl 08.00.

För mer information, kontakta gärna TeliaSoneras presstjänst: 0771 77 58 30,
press@teliasonera.com besök TeliaSonera Newsroom (http://www.teliasonera.com/)
och följ oss på Twitter @TLSN_Media (https://twitter.com/TLSN_Media).

This press release does not constitute or form part of any offer or invitation
to sell, or any solicitation of any offer to purchase nor shall it (or any part
of it) or the fact of its distribution, form the basis of, or be relied on in
connection with, any contract therefore. The offer and the distribution of this
press release and other information in connection with the listing and offer in
certain jurisdictions may be restricted by law and persons into whose possession
any document or other information referred to herein comes should inform
themselves about and observe any such restriction. Any failure to comply with
these restrictions may constitute a violation of the securities laws of any such
jurisdiction.

This communication is only directed at (i) persons who are outside the United
Kingdom or (ii) investment professionals falling within Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the
"Order") or (iii) high net worth entities, and other persons to whom it may
lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order or
(iv) other persons to whom it may lawfully be communicated (all such persons
together being referred to as "relevant persons"). The offered securities are
only available to, and any invitation, offer or agreement to subscribe, purchase
or otherwise acquire such securities will be engaged in only with, relevant
persons. Any person who is not a relevant person should not act or rely on this
communication or any of its contents.

This press release is not an offer to sell nor a solicitation to buy any
securities nor a prospectus for the purposes of EU Directive 2003/71/EC
(together with any applicable implementing measures in any Member State, the
"Prospectus Directive") as may be amended from time to time. This communication
is only addressed to qualified investors in that Member State within the meaning
of the Prospectus Directive. A prospectus will be prepared and made available by
Kcell in accordance with the Prospectus Directive if any securities are issued
and, when published, will be obtainable in accordance with the Prospectus
Directive. Investors should not subscribe for or purchase any securities
referred to in this press release except on the basis of the information
contained in the prospectus to be published by Kcell in due course relating to
the securities.The expression “Prospectus Directive” means Directive 2003/71/EC
(and amendments thereto, including Directive 2010/73/EU, to the extent
implemented in any relevant Member State) and includes any relevant implementing
measure in the relevant Member State.

This press release may not be published, distributed or transmitted in or into
the United States. This press release does not constitute an offer to sell or
the solicitation of an offer to buy the securities discussed herein. The
securities mentioned herein have not been, and will not be, registered under the
United States Securities Act of 1933 (the "Securities Act") and may not be
offered or sold in the United States unless they are registered under the
Securities Act or pursuant to an exemption from registration. There will be no
public offering of the securities in the United States.

Framtidsinriktade uttalanden

Uttalanden i pressreleasen avseende framtida förhållanden och händelser,
inklusive framtida utveckling och uttalanden om trender, är framtidsinriktade
uttalanden. Till sin natur är sådana framtidsinriktade uttalanden osäkra och
innefattar risk eftersom de hänför sig till eller är beroende av framtida
förhållanden som ännu inte inträffat. Det kan inte garanteras att framtida
resultat inte kommer att avvika väsentligt från de angivna eller förutskickade
beroende på ett flertal faktorer, varav många är utanför TeliaSoneras kontroll.

Attachments

11127850.pdf