Annual General Meeting 2013

Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) today
announced that the company's Annual General Meeting (AGM) held today voted to
support all of the resolutions that the Board of Directors and Nomination
Committee proposed to the AGM.
The AGM resolved to re-elect Lars Berg, Mia Brunell Livfors, John Hepburn, Erik
Mitteregger, Mike Parton and John Shakeshaft as directors of the Board and to
elect Carla Smits-Nusteling and Mario Zanotti as new directors of the Board for
the period until the close of the next AGM. Further, the AGM re-elected Mike
Parton as Chairman of the Board.

The AGM discharged the directors of the Board and the CEO from liability for the
financial year 2012.

The AGM approved the annual report for 2012 and resolved on an ordinary dividend
of SEK 7.10 per share. The record date was decided to be Thursday 16 May 2013.
The dividend is estimated to be paid out by Euroclear Sweden on Tuesday 21 May
2013.

The AGM resolved on a so called mandatory share redemption program, including
resolutions to amend the range of number of shares in the Articles of
Association, a share split, reduction of the share capital through redemption of
shares and a bonus issue. The share redemption program principally implies that:

  · Each share in Tele2 is split into two shares, one of which will be a
redemption share;
  · The redemption shares will be traded on NASDAQ OMX Stockholm;
  · Redemption shares of series A and series B will then automatically be
redeemed for SEK 28 per share; and
  · The redemption amount will be distributed to the shareholders on or about 14
June 2013.

For more information regarding the share redemption program, please refer to the
Information about the mandatory share redemption in Tele2 AB, that is available
at the company's website, www.tele2.com.

The AGM also resolved to:

  · Set the remuneration to the Board of Directors for the period until the
close of the next AGM in accordance with the following. A remuneration of SEK
1,365,000 to be allocated to the Chairman of the Board, SEK 525,000 to each of
the other directors of the Board and total SEK 789,000 for the work in the
committees of the Board of Directors. For work within the Audit Committee it was
resolved that SEK 200,000 shall be allocated to the Chairman and SEK 100,000 to
each of the other four members. For work within the Remuneration Committee it
was resolved that SEK 75,000 shall be allocated to the Chairman and SEK 38,000
to each of the other three members and that remuneration to the auditor shall be
paid in accordance with approved invoices.
  · Adopt a procedure for preparation of e.g. the election of the Board of
Directors and auditor.
  · Approve the guidelines for remuneration to the senior executives.
  · Authorise the Board of Directors to pass a resolution on one or more
occasions for the period up until the next AGM on repurchasing so many Class A
and/or Class B shares that the company’s holding does not at any time exceed 10
percent of the total number of shares in the company. The repurchase of shares
shall take place on the NASDAQ OMX Stockholm and may only occur at a price
within the share price interval registered at that time, where share price
interval means the difference between the highest buying price and lowest
selling price and it is the, from time to time, lowest-priced, available, shares
that shall be acquired. The purpose of the authorisation is to give the Board of
Directors flexibility to continuously decide on changes to the capital structure
during the year and thereby contribute to increased shareholder value.
  · Reject shareholder's proposals under items 21(a)-(d).

At the Constituent Board Meeting following the AGM, an Audit Committee and a
Remuneration Committee were appointed. John Shakeshaft was appointed as Chairman
of the Audit Committee and Carla Smits-Nusteling, Mario Zanotti, Lars Berg and
Erik Mitteregger were appointed as members of the committee. John Hepburn was
appointed as Chairman of the Remuneration Committee and Mike Parton, Carla Smits
-Nusteling and Mia Brunell Livfors were appointed as members of the committee.

____________________

For further information, contact:
Lars Torstensson, EVP Corporate Communications, Telephone: +46 702 73 48 79
Pernilla Oldmark, Information Director, Press Inquiries, Telephone: +46 704 26
45 45

TELE2 IS ONE OF EUROPE'S LEADING TELECOM OPERATORS, ALWAYS PROVIDING CUSTOMERS
WITH WHAT THEY NEED FOR LESS. Tele2 offers mobile services, fixed broadband and
telephony, data network services, cable TV 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

The information is of such character, which Tele2 AB (publ) shall disclose in
accordance with the Securities Market Act (2007:528) and/or the law on Trading
with Financial Instruments (1991:980). The information was distributed for
disclosure at 4.30 p.m. CET on 13 May 2013.