TeliaSonera reverses provision of approximately...

Press Release
November 23, 2006


TeliaSonera reverses provision of approximately  SEK 500 million

TeliaSonera AB has settled a dispute concerning a long-term lease contract
(Westferry Road) in London, originally intended as a co-location site for the
international carrier business.

In 2002, in connection with the large restructuring of the international carrier
business, a provision was recorded to cover the projected future costs of the
lease. The settlement results in the lease being rescinded (i.e. terminated) and
hence the related provision can be reversed. The reversal of this provision will
be reported as a non-recurring item and is estimated to affect TeliaSonera's
operating income positively by approximately SEK 500 million in the fourth
quarter 2006. The reversal of this provision will be taxable.

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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.