TeliaSonera reports non-recurring costs of SEK 850 million in the third quarter


TeliaSonera has settled its obligations regarding existing lease agreements in
Farsta, Stockholm. This is a result of the move to new premises in Solna in
2016. TeliaSonera will pay a total compensation of SEK 247 million divided into
three payments during 2014, 2015 and 2016 respectively. The full amount will be
reported as a non-recurring cost in the third quarter of 2014.

As a consequence of management’s focus to improve control of the Eurasian
operations as reported in the interim report for the second quarter, TeliaSonera
before summer commissioned an independent external advisor to assess part of the
balance sheet, primarily the value of assets under construction and inventory in
all its Eurasian business units. The external assessment has now been finalized
and as a result TeliaSonera reports non-recurring costs in Eurasia of
approximately SEK 600 million in the third quarter of 2014. The write-down has
no cash impact.

In the interim report for the second quarter, TeliaSonera reported costs in
Eurasia of SEK 412 million as non-recurring items. As stated before it cannot be
excluded that the focus to improve control and to address the new strategy of
supporting high data growth may lead to non-cash impacts of accelerated
depreciation or impairment of part of the operational assets.


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 12:00 p.m. CET on September 26,
2014.

For more information, please contact the TeliaSonera press office +46 771 77 58
30, press@teliasonera.com, visit our
Newsroom (http://www.teliasonera.com/en/newsroom/) or follow us on Twitter
@TLSN_Media (https://twitter.com/TLSN_Media).

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.

Attachments

09268590.pdf