Sergel expands to the Baltics

Press Release
March 26, 2008

Sergel expands to the Baltics

Sergel Kredittjänster acquires UAB Creditcollect of Lithuania. Sergel is a
wholly-owned subsidiary of TeliaSonera, is one of the leading companies in the
debt collection industry in the Nordic countries. 
“Our expansion in the Nordic countries has been successful, and the Baltic
countries are the natural next step for us,” says Magnus Melberg, CEO, Sergel
Kredittjänster.

Sergel aims at becoming a leader on the Nordic and Baltic markets. Sergel
started its operations in Sweden in 1988. In 1998, the company expanded to
Denmark. In 2006, Sergel launched its operations in Finland, and last year the
company acquired Moneto Kapital AS in Norway. The acquisition of UAB
Creditcollect is the first acquisition on the Baltic markets but will be
followed by others. UAB Creditcollect provides accounts receivable, collection
and debt surveillance services to transaction-intensive companies. 

“The acquisition of UAB Creditcollect makes us directly one of the leading
players on a rapidly growing market. At the same time, we can now provide our
global customers with services through our own company in yet another country,”
says Magnus Melberg.

TeliaSonera AB discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The
information was submitted for publication at 9 am CET on March 26, 2008.


_____________________________________________
For further information journalists can contact:
Magnus Melberg, CEO, Sergel Kredittjänster AB, +46 70 680 41 70


Sergel Kredittjänster
Sergel is a leading provider of debt collection services. The company provides
credit scoring, billing, accounts receivable, collection and debt surveillance
services to transaction-intensive companies that place stringent demands on
quality and customer service. The company's main market area consists of the
Nordic and Baltic countries. Sergel employs about 350 people, and the company's
net sales amounted to SEK 453 million in 2007. Sergel was established in 1988
and is owned by TeliaSonera. 
www.sergel.com

UAB Creditcollect
UAB Creditcollect was established in 1999 and it is the market leader in debt
collection services in Lithuania. Until March 2006, the company was known as JSC
Žvilgsnis iš arčiau. The company's customers include banks, insurance companies,
and other transaction-intensive businesses.
http://www.creditcollect.lt/


Forward-Looking Statements
Statements made in the press release relating to future status or circumstances,
including future performance and other trend projections 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.


TeliaSonera provides telecommunication services in the Nordic and Baltic
countries, in Spain and the emerging markets of Eurasia, including Russia and
Turkey. We are the leading European provider of quality cross-border voice, IP
and capacity services, provided through our wholly-owned international carrier
network. In 2007, TeliaSonera's net sales amounted to SEK 96 billion, and at the
end of December 2007 the total number of subscriptions exceeded 114 million in
18 countries. The TeliaSonera share is listed on the Stockholm Stock Exchange
and the Helsinki Stock Exchange, and the company is included in the Dow Jones
Sustainability Index. Simplicity and service are important tools for us in
creating profitable growth and value for our customers and shareholders. Read
more at www.teliasonera.com