www.teliasonera.com

TeliaSonera today announces that Svenska UMTS-Nt AB, which is jointly owned by Tele2 and TeliaSonera has reached agreement with a consortium of banks in downsizing its loan facility from SEK 11bn to SEK 7bn. This has been achieved by reductions in infrastructure costs through the utilization of new technology. The remaining facility will cover the rollout of the UMTS-Nt joint venture. The facility is available to December 31 2006.

The banks in the consortium are Svenska Handelsbanken, Nordea Bank Sweden, Swedbank (Freningssparbanken), ABN Amro Bank NV, Credit Agricole Indosuez, Skandinaviska Enskilda Banken.