TEO LT, AB - Notification on material event

On intended transfer of TEO LT, AB shares within TeliaSonera Group

Amber Teleholding A/S (code 20758694 and having its registered office address
at Holmbladsgade 139, DK-2300 Copenhagen S, Denmark), a 100 per cent owned
subsidiary of TeliaSonera AB (publ) (code 556103-4249 and having its registered
office address at Stureplan 8, Stockholm SE-106 63, Sweden) intends to transfer
all its shares in TEO LT, AB to its parent company TeliaSonera AB (publ). 

After completion of the transaction, TeliaSonera AB (publ), together with TEO
LT, AB shares held before the transaction, will have a total of 528,843,272
ordinary shares of TEO LT, AB that accounts to 68.08 per cent of the total
number of shares issued by TEO LT, AB and gives the same number of votes at the
General Meeting of Shareholders, i.e. the same number of shares that was held
by TeliaSonera AB (publ) directly and indirectly through Amber Teleholding A/S
before the transaction. 

The Commission for Assessment of Conformity of Potential Participants of
Enterprises of Strategic or Considerable Importance to National Security to the
Interests of National Security has made a conclusion that TeliaSonera AB (publ)
conforms to the interests of national security and may take over the shares of
TEO LT, AB. 

TeliaSonera AB (publ) and Amber Teleholding A/S have applied to the Radio and
Television Commission of Lithuania for permission to transfer the controlling
interest of the re-broadcasting license holder TEO LT, AB. 

The shares will be transferred after receipt of permission from the Radio and
Television Commission of Lithuania. 




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