TeliaSonera AB issues five year Eurobond of EUR 550 million

TeliaSonera today issued a Eurobond of EUR 550 million under its existing EUR 7 billion EMTN (Euro Medium Term Note) programme. The Re-offer yield was set at 5.239% p.a. equivalent to Euro Mid-swaps + 250 bp for a five year deal maturing in March 2014.

"We are pleased with this deal and we now have a very well-balanced debt maturity profile. The order-book was of high quality and significantly oversubscribed allowing favorable funding terms despite a turbulent financial market,” says Per-Arne Blomquist, Executive Vice President and CFO.

The Joint Bookrunners mandated by TeliaSonera for this transaction were BNP Paribas, Calyon, Deutsche Bank and Nordea.

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 5 p.m. CET on 2 March 2009.

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.