2009-10-14 07:30:00 CEST

2009-10-14 07:30:03 CEST


REGULATED INFORMATION

English Lithuanian
TEO LT, AB - Acquisition or disposal of a block of shares

TeliaSonera AB (publ) notification on crossing of the 5 per cent limit


NOTICE OF A PERSON ON ACQUISITION OF VOTING RIGHTS                  


1. TEO LT, AB, 121215434, Savanorių pr. 28, Vilnius, Republic of Lithuania      
(Issuer's name, code (registered number), address of registered office, country)

2.  Reasons for exceeding the declared limit (indicate the relevant reason):    

Acquisition                                                                     
  Acquisition or deprivation of voting rights (underline the relevant word and  
                          specify the concrete reason)                          

Not applicable                                                                  
Acquisition or deprivation of the securities, which under a formal agreement and
 upon the security owner's initiative confer the right to acquire in the future 
the already issued shares of the Issuer (underline the relevant word and specify
                              the concrete reason)                              


On 12 October 2009 TeliaSonera AB (publ) entered into the transaction on the    
stock exchange whereby from Swedbank clients acquired 2,795,573 shares in TEO   
LT, AB (which constitute 0.36% of all votes at the general meeting of           
shareholders of TEO LT, AB)                                                     
Event which causes the change in the number/percentage of the voting rights held
                         (specify the concrete reason)                          


3. TeliaSonera AB (publ)                                                        
   (Individual's name and surname or name of the company that acquired or was   
                           deprived of voting rights)                           


4. The same person as indicated in item 3                                       
(Shareholder's name (or name and surname) if differs from that specified in item
                                    3 above)                                    


--------------------------------------------------------------------------------
| 5. Date of transaction (insert) and                     |  12 October 2009   |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| date of exceeding of the declared limit                 |  14 October 2009   |
--------------------------------------------------------------------------------
(insert if differs)                                                             


--------------------------------------------------------------------------------
| 6. Declared excess of limit (insert)                    |         5%         |
--------------------------------------------------------------------------------

7. Data provided:                                                               

--------------------------------------------------------------------------------
| Voting rights conferred by shares                                            |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Number of shares and | Number of shares and voting rights on the date of     |
| voting rights held   | excess of the declared limit                          |
| prior to acquisition |                                                       |
| or deprivation of    |                                                       |
| voting rights**      |                                                       |
--------------------------------------------------------------------------------
|  Number  | Number of |  Number  |   Number of voting    |   Percentage of    |
|    of    |  voting   |    of    |        rights         | voting rights (%)  |
| shares   | rights    | shares   |                       |                    |
--------------------------------------------------------------------------------
|          |           | directly | directly  | indirectl | directl | indirect |
|          |           |          |           |     y     |    y    |    ly    |
--------------------------------------------------------------------------------
| Class,   |                                                                   |
| ISIN     |                                                                   |
| code     |                                                                   |
--------------------------------------------------------------------------------
| LT000012 | 526,047 | 526,047 | 39,895 | 39,895 | 528,843, | 5.14%  | 68.08%  |
| 3911     | ,699    | ,699    | ,616   | ,616   | 272      |        |         |
--------------------------------------------------------------------------------
|                    | Total   | 39,895 | 39,895 | 528,843, | 5.14%  | 68.08%  |
|                    | (A)     | ,616   | ,616   | 272      |        |         |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| Data of securities, which under a formal agreement and upon the security     |
| owner's initiative confer the right to acquire in the future the already     |
| issued shares of the Issuer                                                  |
--------------------------------------------------------------------------------
| Description  | Validity      | Dates of      | Number of     | Percentage of || of           | period of     | exercise      | voting rights | voting rights |
| securities   | securities    | and/or        | that would be | that would be |
|              |               | conversion of | acquired by   | acquired by   |
|              |               | the rights    | exercising    | exercising    |
|              |               | conferred by  | the rights    | the rights    |
|              |               | the           | conferred by  | conferred by  |
|              |               | securities    | the           | the           |
|              |               |               | securities    | securities    |
|              |               |               |               | (%)           |
--------------------------------------------------------------------------------
| -            | -             | -             | -             | -             |
--------------------------------------------------------------------------------
|                              | Total (B)     | -             | -             |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| Total number of voting rights (A+B)                                          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Number of voting rights              | Percentage of voting rights (%)       |
--------------------------------------------------------------------------------
| 39,895,616                           | 68.08%                                |
--------------------------------------------------------------------------------
| Total:                   |                                                   |
--------------------------------------------------------------------------------


8. TeliaSonera AB (publ) holds 100% shares in Amber Teleholding A/S. Amber      
Teleholding A/S owns 488,947,656 ordinary registered shares in TEO LT, AB (which
constitute 62.94% of all votes at the general meeting of shareholders of TEO LT,
AB).                                                                            
(Range of controlled companies through which voting rights and/or securities,   
which under a formal agreement and upon the security owner's initiative confer  
the right to acquire in the future the already issued shares of the Issuer, are 
actually managed (fill in if any)                                               

9. Voting by proxy: The right conferred under this proxy to: not applicable     
                                                 (Name and surname of the proxy)
to vote at his/her own discretion not applicable                                
   (number and % of voting rights)                                       (date) 

10. TeliaSonera AB (publ) acquired 6,399,755 shares in TEO LT, AB (which        
constitute 0.82% of all votes at the general meeting of shareholders of TEO LT, 
AB) on the stock exchange from 24 August until 1 September of this year.        
TeliaSonera AB (publ) acquired 23,479,470 shares in TEO LT, AB (which constitute
3.02% of all votes at the general meeting of shareholders of TEO LT, AB) under  
the voluntary tender offer (the voluntary tender offer was effective from 17    
September 2009 until 9 October 2009). The settlement date under the voluntary   
tender is 14 October 2009.                                                      
During the voluntary tender offer TeliaSonera AB (publ) additionally acquired   
7,220,818 shares in TEO LT, AB (which constitute 0.93% of all votes at the      
general meeting of shareholders of TEO LT, AB) not in the submarket of the      
tender offer.                                                                   
                          (Supplementary information)                           
* Cross out the irrelevant.             
** Specify the total number (percentage) of shares and voting rights held (both 
directly and indirectly).

*****

Darius Dziaugys,
Head of Information Sector,
TEO LT, AB
tel. +370 5 236 7878