TeliaSonera CEO to participate in MegaFon initial public offering.

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TeliaSonera’s President and CEO Lars Nyberg intends to participate in the
initial public offering of shares in MegaFon through a private investment of USD
2 million. The shares will be purchased at the offer price. Mr. Nyberg is a
member of the board of directors of MegaFon.

“I have a strong belief in the future prospects of MegaFon. As a member of the
MegaFon board, making a sizeable investment in the company is a way for me to
show my commitment,” said Mr. Lars Nyberg, President and CEO of TeliaSonera.



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TeliaSonera provides network access and telecommunication services in the Nordic
and Baltic countries, the emerging markets of Eurasia, including Russia and
Turkey, and in Spain. TeliaSonera helps people and companies communicate in an
easy, efficient and environmentally friendly way. Our ambition is to be number
one or two in all our markets, providing the best customer experience, high
quality networks and cost efficient operations. TeliaSonera is also the leading
European wholesale provider with a wholly-owned international carrier network.
In 2011, net sales amounted to SEK 104 billion, EBITDA to SEK 36.9 billion and
earnings per share to SEK 4.20. The TeliaSonera share is listed on NASDAQ OMX
Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com.