Successful placement of unsecured bond issue

Oslo, 22 March 2013

Telio Holding ASA has successfully completed an unsecured bond issue of NOK 300 million with maturity in April 2017. The settlement date for the bond issue is expected to be 10 April 2013. An application will be made for the bonds to be listed on the Oslo Stock Exchange.

The proceeds from the bond issue will be used to refinance a NOK 300 million bridge to bond loan facility with Nordea Bank Norge ASA.

Nordea Markets acted as Manager for the bond issue.

About Us

The NextGenTel Group is a major player in providing fixed and mobile Internet communication services to consumers and businesses with a #2 position within xDSL broadband in the Norwegian market. The range of services covers access independent broadband, data net, Ethernet, VoIP, mobile and TV. In addition, the Group provides VoIP services to consumers in Denmark, Switzerland and the Netherlands. The company is headquartered in Oslo, Norway and is listed on the Oslo Exchange as NGT. NextGenTel's mission is to be a major force in defining and providing fixed and mobile internet communications to the consumer and small businesses.

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