GROUP OUTLOOK FOR 2018

Outlook 2018 (unchanged)

Free cash flow from continuing operations, excluding li-censes and spectrum fees and dividends from associ-ated companies, is expected to be above last year’s level (SEK 9.7 billion). This operational free cash flow to-gether with decided dividends from associated compa-nies should cover a dividend around the 2017 level.

Adjusted EBITDA in continuing operations, based on current structure, in local currencies, excluding future ac-quisitions and disposals, is expected to be in line with or slightly above the 2017 level (SEK 25.2 billion)