Millicom reports to authorities potential improper payments on behalf of its Guatemala joint venture


Stockholm, 21 October, 2015 – Millicom today announced that it has reported
to law enforcement authorities in the United States and Sweden
potential improper payments made on behalf of the company’s joint venture in
Guatemala.
A Special Committee of the Board of Directors made the decision in connection
with an independent investigation being overseen by the Special Committee
and conducted by international law firm Covington & Burling LLP, with the
support of Millicom’s management team.

Millicom is committed to fully cooperating with the authorities. It is not
possible at this time to predict the matter's likely duration or outcome.

Millicom is committed to the highest ethical business standards and to full
compliance with all applicable laws and regulations in every market in which the
company operates.
Press Enquiries:

Tabitha Aldrich-Smith, Interim Communications Director
Tel: +352 277 59084 (Luxembourg) / +44 7971 919 610 / press@millicom.com

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 telecom 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 employs more than 16,000 people and
provides mobile services to over 59 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 USD
6.4 billion and EBITDA of USD 2.1 billion.

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