Tele2 AB : Tele2 AB issues Swedish krona Bond

Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm Exchange: TEL2 A and TEL2 B)
announces that Tele2 AB successfully placed an 18 month bond in the Swedish bond
market.

Tele2 AB, has successfully completed the issuance of an 18 month SEK 500 million
bond in the Swedish bond market following a reverse enquiry. The bond has a
floating rate with a coupon of 3 month STIBOR +0.95%. The bond has been issued
under the company's EMTN program and will be listed on the Luxembourg Stock
Exchange.

Swedbank acted as lead manager for the Bond.

For further information, please contact:
Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79
Pernilla Oldmark, Press Inquiries, Telephone: +46 704 26 45 45

TELE2 IS ONE OF EUROPE'S LEADING TELECOM OPERATORS, ALWAYS PROVIDING THE BEST
DEAL. We have 36 million customers in 11 countries. 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. In 2011, we had net sales of SEK 41 billion and reported an operating
profit (EBITDA) of SEK 11.2 billion.

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