TeliaSonera sells Telia Finans to De Lage Landen International B.V.

TeliaSonera sells Telia Finans to De Lage Landen International B.V.

TeliaSonera has today signed an agreement to sell Telia Finans AB to De
Lage Landen International B.V. for MSEK approximately 1.2 billion SEK.

Telia Finans is the leading leasing company in the small and medium
ticket leasing segments in Scandinavia. Telia Finans has 140 employees.

"We are very pleased to have successfully sold Telia Finans to De Lange
Landen. The divestment represents yet another step in TeliaSonera's
strategy to focus on its core business, says Kim Ignatius, CFO of
TeliaSonera AB. "The transaction further strengthens our already very
strong financial position."

De Lage Landen International B.V., headquartered in Eindhoven (the
Netherlands), is an international provider of high-quality asset
financing products. It is a subsidiary of the Dutch Rabobank Group that
is AAA-rated by the major rating agencies Moody's and Standard & Poor's.

The disposal is expected to generate a capital gain of approximately 0.5
billion SEK and a positive cash flow of approximately 6.2 billion SEK,
of which 1.2 billion SEK consists of the purchase price and 5.0 billion
SEK of reduction of TeliaSonera's debt.

Completion of the sale is conditional upon approval by the Swedish
Financial Supervisory Authority, which is expected within the first
quarter of 2004.

For further information journalists can contact:
TeliaSonera´s Press Service, +46-8-713 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.

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