Millicom issues 10-year corporate bond

Stockholm, 11 March 2015 – Millicom (Stockholmsbörsen: MIC) today announces that
it has successfully issued a $500 million US Dollar-denominated bond.
Millicom has successfully completed the issuance of a 10-year $500 million bond
with a fixed coupon of 6.00%. The issuance was done at par. The bond will be
listed in Luxembourg.

Millicom intends to use the proceeds to redeem the remaining portion of the
8.00% Senior Notes issued by its subsidiary Telemovil Finance Co Ltd in 2010, to
fund capex and for general corporate purposes.
For more information please contact:

Press Enquiries:
Julian Eccles, VP Corporate Communications
Tel: +352 277 59084 (Luxembourg) / +44 7720 409 374
press@millicom.com
Investor Enquiries:
Investor Relations
Nicolas Didio, Director, Head of Investor Relations
Tel: +352 277 59125 (Luxembourg) / +44 203 249 2220
investors@millicom.com
About Millicom

Millicom is a leading telecommunications and media company dedicated to emerging
markets in Latin America and Africa. Millicom sets the pace when it comes to
providing innovative and customer-centric digital lifestyle services to the
world’s emerging markets. The Millicom Group provides mobile services to over 56
million customers. Founded in 1990, Millicom International Cellular SA is
headquartered in Luxembourg and listed on NASDAQ OMX Stockholm under the symbol
MIC. In 2014, Millicom generated revenue of $6.4 billion and EBITDA of $2.1
billion.