NEW YORK, STOCKHOLM, Sweden, June 6, 2003 (PRIMEZONE) -- Tele2 AB, ("Tele2"), (Nasdaq:TLTOA) (Nasdaq:TLTOB) and (Stockholmsborsen:TEL2A) and (Stockholmsborsen:TEL2B), the leading alternative pan-European telecommunications company, today announced that it will appeal the decision by the Swedish regulator (PTS) regarding termination fees for calls from Telia and Telia Mobile.

The result of the PTS decisions today is that Tele2 has the right to take a fee similar to the fee Telia Mobile charges plus 10% for calls from Telia and Telia Mobile to Tele2. Tele2 will appeal against the decision and ask the Stockholm County Administrative Court to inhibit the decision.

Jan Tjernell, responsible for regulatory and legal affairs at Tele2 said; "The decision made by the PTS is not unexpected but, in a similar case a couple of months ago, the Stockholm County Administrative Court decided to inhibit a PTS ruling."

Tele2 AB, formed in 1993, is the leading alternative pan-European telecommunications company offering fixed and mobile telephony, data network and Internet services under the brands Tele2, Tango and Comviq to over 17.7 million people in 22 countries. Tele2 operates Datametrix, which specializes in systems integration, 3C Communications, providing integrated credit card processing, web payment solutions and public payphones; Transac, providing billing and transaction processing service; C(3), offering co-branded pre-paid calling cards and Optimal Telecom, the price-guaranteed residential router device. The Group offers cable television services and, together with MTG, owns the Internet portal The Company is listed on the Stockholmsborsen, under TEL2A and TEL2B, and on the Nasdaq Stock Market under TLTOA and TLTOB.


 Jan Tjernell                         Telephone:     +46 8 562 640 00
 Head of Regulatory Issues, Tele2 AB

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