TeliaSonera closes the acquisition of ComHouse


Press Release
July 11, 2008

TeliaSonera closes the acquisition of ComHouse

TeliaSonera has received the approval of the Norwegian competition authority to
close the acquisition of the remaining 66.6 percent of the shares in ComHouse, a
holding company for the retail chains KlartSvar and Telebutikken in Norway,
increasing its holding to 100 percent. The purchase price for 66.6 percent of
the shares will be approximately SEK 185 million (NOK 157 million), based on an
enterprise value of the entire company of approximately SEK 383 million (NOK 325
million). The transaction was announced on June 17, 2008.

“ComHouse has demonstrated healthy growth and earnings, and the transaction
clearly strengthens TeliaSonera's distribution strategy in Norway,” says Kenneth
Karlberg, President Business Area Mobility Services, TeliaSonera. 

About ComHouse
ComHouse AS is the most important distribution channel for NetCom in Norway.
ComHouse consists of the retail chain Telebutikken (65 stores of which 5 are
operated through franchise) focused on private customers and the chain KlartSvar
(40 locations of which 32 are operated through franchise), which is focused on
business customers. 


TeliaSonera AB discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The
information was submitted for publication at 1.30 p.m. on July 11, 2008.

For further information journalists can contact:
The TeliaSonera Press Office, +46-(0)8-713 58 30

Forward-Looking Statements
Statements made in the press release relating to future status or circumstances,
including future performance and other trend projections are forward-looking
statements. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will
occur in the future. There can be no assurance that actual results will not
differ materially from those expressed or implied by these forward-looking
statements due to many factors, many of which are outside the control of
TeliaSonera.

TeliaSonera provides telecommunication services in the Nordic and Baltic
countries, in Spain and the emerging markets of Eurasia, including Russia and
Turkey. We are the leading European provider of quality cross-border voice, IP
and capacity services, provided through our wholly-owned international carrier
network. In 2007, TeliaSonera's net sales amounted to SEK 96 billion, and at the
end of December 2007 the total number of subscriptions exceeded 114 million in
18 countries. The TeliaSonera share is listed on the Stockholm Stock Exchange
and the Helsinki Stock Exchange, and the company is included in the Dow Jones
Sustainability Index. Simplicity and service are important tools for us in
creating profitable growth and value for our customers and shareholders. Read
more at www.teliasonera.com

Attachments

07112211.pdf