TEO LT, AB - Notification on material event

TeliaSonera AB placed an order to NASDAQ OMX Vilnius to buy TEO shares at EUR 0.637 per share

On 10 May 2012 TEO LT, AB (hereinafter “the Company” or “TEO”) received the
information from TeliaSonera AB, that the next day after the execution of 7 May
2012 agreement between TeliaSonera AB and (i) the funds managed by East Capital
Asset Management AB; (ii) the funds managed by East Capital AB and (iii)
Coneglen Limited (hereinafter “the Sellers”), on acquisition from the Sellers
of 61,129,044 ordinary registered shares of the Company, TeliaSonera AB acting
through its broker SEB Enskilda Baltic Equities (SEB Pank), placed an order to
NASDAQ OMX Vilnius stock exchange to buy shares of the Company for the price of
EUR 0.637 per share. 




         Eglė Gudelytė-Harvey,
         Director of Corporate Administration and Legal Affairs Unit,
         tel. +370 5 236 7292