TeliaSonera’s Year-end Report 2014 to include non-recurring items

TeliaSonera’s Year-end Report January-December 2014 will be released on January
29, 2015. In the fourth quarter of 2014, operating income will be impacted by
non-recurring items of SEK -2,232 million, of which net SEK -1,973 million
relate to non-cash items.
As a result of the annual impairment review, TeliaSonera will record a total SEK
1,465 million non-cash impairment charge related to goodwill and other fixed
assets in Tajikistan, Georgia and Moldova. The economic uncertainty in these
three countries have impacted our long term view on the value.

Further, TeliaSonera will record a non-cash impairment charge of SEK 381 million
associated to the WiMax operation acquired in Kazakhstan in January 2013.
TeliaSonera wrote down the value of frequencies related to this operation at the
end of 2013. Goodwill and remaining fixed assets will be written down at the end
of 2014 due to continued absence of a 4G license and to reflect the operational
performance in the WiMax business.

TeliaSonera’s IT platform has been further adapted to support TeliaSonera’s
convergence strategy. As a result, obsolete systems and platforms with a total
book value of SEK 270 million will be scrapped or written down, reported as non
-cash charges.

Finally, other non-recurring costs, mainly related to redundancies as well as
network dismantling in Denmark, will amount to SEK 116 million.

Non-recurring items in Q4, 2014

+--------------+----------+-------------------------------+------------+
|SEK million   |Items     |Items recorded as non-recurring|Total Impact|
|              |recorded  |within depre-ciations and      |Operating   |
|              |as non    |amortizations                  |Income      |
|              |-recurring|                               |            |
|              |within    |                               |            |
|              |EBITDA    |                               |            |
+--------------+----------+-------------------------------+------------+
|Non-cash write|          |-1,465                         |-1,465      |
|downs in      |          |                               |            |
|Tajikistan,   |          |                               |            |
|Georgia and   |          |                               |            |
|Moldova       |          |                               |            |
+--------------+----------+-------------------------------+------------+
|Non-cash write|          |-381                           |-381        |
|down relating |          |                               |            |
|to            |          |                               |            |
|the WiMax     |          |                               |            |
|operations in |          |                               |            |
|Kazakhstan    |          |                               |            |
+--------------+----------+-------------------------------+------------+
|Non-cash IT   |-88       |-182                           |-270        |
|scrapping and |          |                               |            |
|write         |          |                               |            |
|down          |          |                               |            |
+--------------+----------+-------------------------------+------------+
|Other non     |-107      |-9                             |-116        |
|-recurring    |          |                               |            |
|items         |          |                               |            |
+--------------+----------+-------------------------------+------------+
|Total         |-195      |-2,037                         |-2,232      |
+--------------+----------+-------------------------------+------------+

TeliaSonera’s Year-end Report 2014 will be released on Thursday, January 29,
2015, at around 7:00 AM (CET).

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 1 p.m. CET on January 16, 2015.

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.

TeliaSonera provides network access and telecommunication services in the Nordic
and Baltic countries, the emerging markets of Eurasia, including Russia and
Turkey, and in Spain. TeliaSonera helps people and companies communicate in an
easy, efficient and environmentally friendly way. Our ambition is to be number
one or two in all our markets, providing the best customer experience, high
quality networks and cost efficient operations. TeliaSonera is also a leading
wholesale provider who owns and operates one of the world’s most extensive fiber
backbones. In 2013, net sales amounted to SEK 101.7 billion, EBITDA to SEK 35.6
billion and earnings per share to SEK 3.46. The TeliaSonera share is listed on
NASDAQ Stockholm and NASDAQ Helsinki. Read more at www.teliasonera.com.