Millicom International Cellular S.A. announces results for the quarter ended september 30, 2003

MILLICOM INTERNATIONAL CELLULAR S.A. ANNOUNCES RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2003 · 34% increase in EBITDA to $82.9m (Q3 02: $61.7m)* · 18% increase in revenue to $156.7m (Q3 02: $132.8m)* · 23% increase in Asian revenue from Q3 2002 · 29% underlying increase in proportional subscribers excluding El Salvador · EBITDA Margin of 52.9% for Q3* CONTACTS: Marc Beuls Telephone: +352 27 759 101 President and Chief Executive Officer Millicom International Cellular S.A., Luxembourg Andrew Best Telephone: +44 20 7321 5022 Investor Relations Shared Value Ltd, London Visit our web site at http://www.millicom.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/10/22/20031022BIT00580/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/10/22/20031022BIT00580/wkr0002.pdf The full report

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Millicom International Cellular S.A. is a global telecommunications group with mobile telephony operations in 14 countries in Latin America, Africa and Asia. It also operates cable and broadband businesses in five countries in Central America. The Group’s mobile operations have a combined population under license of approximately 267 million people.

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