Tele2 press statement addressing Svenska Dagbladet article titled “Secret report could damage Tele2” [”Hemlig rapport kan fälla Tele2”]

Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm Exchange: TEL2 A and TEL2 B)
is providing the following press statement as a result of the article published
by Svenska Dagbladet on October 17 2014 titled “Hemlig rapport kan fälla Tele2”
(link (http://www.svd.se/naringsliv/hemlig-rapport-kan-falla-tele-2-i
-mutharva_4016871.svd)).
The article focuses on Tele2’s operations in Kazakhstan and refers to a “secret
report”. The paper says the report suggests that - although there is no proof of
any illegal activities pertaining to corruption – there is reason to raise
warning flags.
Mats Granryd, CEO and president of Tele2 AB, comments:” The article raises
several important issues that we take very seriously. However, it does not
present any new information that we have not already investigated. Tele2 is well
-familiar with the business environment in Kazakhstan and before entering this
market we performed due diligence whereby we checked relevant risks, partners,
payments, vendor and the political climate. Based on this process and the
ethical principles laid down in our Code of Business Conduct, there was nothing
that gave us reason to refrain from entering into the Kazakh market and into an
agreement with Asianet. However, as part of our strong risk management
procedures, we are constantly reviewing the situation and continuously improving
how we operate in the market.”
On Ms. Aigul Nuriyeva, Tele2 is aware of the rumours concerning her ownership of
Asianet. Both third parties and Tele2 have assessed the matter and we feel
confident that she is the registered owner of that company.
Tele2 is a value-driven company with zero tolerance for corruption and fraud.
The company will continue assessing its investments, operations and partnerships
in Kazakhstan and provide additional information about its operations in the
country on tele2.com. Should Tele2 receive any new information that suggest
irregularities these will be addressed.
For further information, contact:
Lars Torstensson, EVP Communication and Strategy, Telephone: +46 702 73 48 79

TELE2 IS ONE OF EUROPE'S FASTEST GROWING TELECOM OPERATORS, ALWAYS PROVIDING
CUSTOMERS WITH WHAT THEY NEED FOR LESS. We have 13 million customers in 9
countries. Tele2 offers mobile services, fixed broadband and telephony, data
network services 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 2013, we had net sales of SEK 30 billion and
reported an operating profit (EBITDA) of SEK 6 billion.