PROPOSED SALE OF MILLICOM'S LAOS OPERATION

PROPOSED SALE OF MILLICOM'S LAOS OPERATION

New York and Stockholm, 16 September 2009 - Millicom International Cellular S.A.
(“Millicom”) (Nasdaq Stock Market: MICC and Stockholmsbörsen: MIC) today
announces that it has signed an agreement for the sale of its 74.1% holding in
Millicom Lao Co. Ltd., its Laos operation, to VimpelCom for approximately $65
million in total cash proceeds, payable on completion. The transaction values
the entire Laos operation at an enterprise value of approximately $102 million,
which represents 7.5x estimated 2009 EBITDA.  

Completion of the transaction is subject to regulatory approvals, as required. 
If such approvals are obtained, completion is expected to take place before the
end of 2009.  

Mikael Grahne, President and CEO of Millicom, commented: "We are delighted to
have reached agreement on the sale of our Laos operations to VimpelCom.  We are
very pleased with the achievements of Millicom Laos over the years, including
its strong position in the market. The management has demonstrated its ability
to grow the business and I would like to thank all our employees in Laos for
their contribution over the years."

CONTACTS

Francois-Xavier Roger
Chief Financial Officer
Telephone:  +352 27 759 327

Peregrine Riviere
Head of External Communications
Millicom International Cellular S.A., Luxembourg
Telephone:  +352 691 750 098

Visit our web site at http://www.millicom.com

Millicom International Cellular S.A. is a global telecommunications group with
mobile telephony operations in 16 countries in Asia, Latin America and Africa.
It also operates cable and broadband businesses in five countries in Central
America.  The Group's mobile operations have a combined population under license
of approximately 308 million people.

This press release may contain certain “forward-looking statements” with respect
to Millicom's expectations and plans, strategy, management's objectives, future
performance, costs, revenues, earnings and other trend information.  It is
important to note that Millicom's actual results in the future could differ
materially from those anticipated in forward-looking statements depending on
various important factors.  Please refer to the documents that Millicom has
filed with the U.S. Securities and Exchange Commission under the U.S. Securities
Exchange Act of 1934, as amended, including Millicom's most recent annual report
on Form 20-F, for a discussion of certain of these factors.

All forward-looking statements in this press release are based on information
available to Millicom on the date hereof.  All written or oral forward-looking
statements attributable to Millicom International Cellular S.A., any Millicom
International Cellular S.A. employees or representatives acting on Millicom's
behalf are expressly qualified in their entirety by the factors referred to
above. Millicom does not intend to update these forward-looking statements.