TeliaSonera announces reduction in Svenska UMTS-Nat AB loan facility

Stockholm, SWEDEN


STOCKHOLM, Sweden, Sept. 18, 2003 (PRIMEZONE) -- TeliaSonera (Nasdaq:TLSN) (Other OTC:SNEAF) (Other OTC:SNRAF) (LSE:TLSNq) today announces that Svenska UMTS-Nat AB, which is jointly owned by Tele2 and TeliaSonera, has reached agreement with a consortium of banks in downsizing its loan facility from SEK 11bn to SEK 7bn. This has been achieved by reductions in infrastructure costs through the utilization of new technology. The remaining facility will cover the rollout of the UMTS-Nat joint venture. The facility is available to December 31 2006.

The banks in the consortium are Svenska Handelsbanken, Nordea Bank Sweden, Swedbank (Foreningssparbanken), ABN Amro Bank NV, Credit Agricole Indosuez, Skandinaviska Enskilda Banken.

For further information to journalists please contact: TeliaSoneras Pressoffice + 46 8 77 58 30

Forward-Looking Statements

Statements in the press release relating to future status or circumstances, including future performance, other trend projections and other benefits of the transaction 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.

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http://www.waymaker.net/bitonline/2003/09/18/20030918BIT00510/wkr0001.doc

http://www.waymaker.net/bitonline/2003/09/18/20030918BIT00510/wkr0002.pdf