NOTICE OF POSTPONING THE extraordinary general meeting of AS Eesti Telekom


On 19 October 2009, the Management Board of AS Eesti Telekom (“Eesti Telekom”)  
(registry code 10234957, address Valge 16, Tallinn) called an extraordinary     
general meeting of shareholders to decide upon the takeover of the shares       
belonging to the remaining shareholders of Eesti Telekom (except Baltic Tele AB)
(“Minority Shareholders”) by TeliaSonera AB (publ) (“TeliaSonera”) (registry    
code 556103-4249, address Stureplan 8, SE-106 63 Stockholm, Sweden) in          
accordance with Article 1821 of the Securities Market Act, for which the fair   
compensation payable to the Minority Shareholders is EEK 93.00 per share, as    
determined by TeliaSonera. In connection with the above, Eesti Telekom          
published, among other things, the takeover report prepared by TeliaSonera and  
the independent auditor's report on auditing of the takeover report.            

In connection with questions concerning the takeover submitted by some Minority 
Shareholders to Eesti Telekom, the independent auditor has amended its report in
order to give the Minority Shareholders additional detailed information on the  
auditing of the takeover report. The amended auditor's report is available from 
3 November 2009 at www.telekom.ee and on workdays from 9:00am to 5:00pm in the  
office of Eesti Telekom at Valge 16, Tallinn. In addition, the draft resolution 
of the extraordinary general meeting, annual reports and management reports of  
Eesti Telekom for financial years 2006, 2007 and 2008, and the takeover report  
are also still available at the aforementioned locations.                       

To give Minority Shareholders sufficient time to familiarise themselves with the
amended auditor's report, at the request by TeliaSonera, Eesti Telekom will     
postpone the extraordinary general meeting called for 20 November 2009. The     
extraordinary general meeting will be held on 4 December 2009 at 12:00 (noon) in
the building of Eesti Telekom (Valge 16, Tallinn).                              
The shareholders registered in the share register of Eesti Telekom on 24        
November 2009 at 11:59pm will have the right to vote at the general meeting.    

Registration for the general meeting starts on 4 December 2009 at 11:30am at the
place of the meeting. For registration for the meeting, shareholders must       
present identification documents and representatives of shareholders' must      
present documents proving their right of representation.                        

The agenda and the draft resolutions of the general meeting will not change -   
they were published on 19 October 2009 in the notice calling the general        
meeting.                                                                        

Any questions regarding the extraordinary general meeting can be asked by phone 
(+372) 631 1212, on the Internet at www.telekom.ee, or by e-mail                
mailbox@telekom.ee.