The board of Telia resolves to issue new shares and warrants

As a part of the merger between Telia (SSE: TLIA) and Sonera (HEX: SRA, NASDAQ: SNRA), the board of Telia has, based on authorization given by the general meeting, resolved to issue 1,604,556,725 shares and 31,220,339 warrants for subscription of shares in Telia.
It is expected that Telia shares and warrants will be available on book-entry accounts for persons who have accepted Telia's offer on Monday, December 9, 2002, when trading in Telia shares and warrants 2002/2005:A on the Helsinki Exchanges and Telia ADSs on NASDAQ National Market is intended to commence.
For further information journalists can contact:
Telia's Press Office +46 8 713 58 30
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