Pelle Törnberg proposed to be elected as director of the board of Tele2

Stockholm - Tele2 AB, ("Tele2"), (Stockholm Stock Exchange: TEL2 A and TEL2 B),Europe's leading alternative telecoms operator, today announced that the Nomination Committee of major shareholders in Tele2 has received a proposal from shareholders representing more than 50% of the votes in the company including Emesco AB and Investment AB Kinnevik to elect Pelle Törnberg as director of the Board at the 2007 Annual General Meeting.

Pelle Törnberg has served as President and CEO of the international free newspaper company Metro International S.A. since its demerger from the international broadcasting group Modern Times Group MTG AB ("MTG") in 2000. From 1993 Pelle Törnberg headed all the media companies within Investment AB Kinnevik, becoming President and CEO of MTG upon its demerger from Kinnevik in 1997. Pelle Törnberg is a non-executive Director of MTG, RNB Retail and Brands AB and the Swedish American Chamber of Commerce.
 
The Nomination Committee will submit its complete proposal for Board of Directors for the 2007 Annual General Meeting in the notice to the AGM.
 
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Tele2 is Europe's leading alternative telecom operator. Tele2's mission is to provide cheap and simple telecoms for everyone in Europe. Tele2 always strives to offer the market's best prices. We have 31 million customers in 22 countries. Tele2 offers fixed and mobile telephony, broadband, data network services, cable TV and content services. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies. Tele2 has been listed on Stockholmsbörsen since 1996. In 2005 we had operating revenue of SEK 50 billion and reported a profit (EBITDA) of SEK 6.6 billion.

About Us

TELE2’S MISSION IS TO FEARLESSLY LIBERATE PEOPLE TO LIVE A MORE CONNECTED LIFE. We believe the connected life is a better life, and so our aim is to make connectivity increasingly accessible to our customers, no matter where or when they need it. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 offers mobile services, fixed broadband and telephony, data network services, content services and global IoT solutions. Every day our 17 million customers across 9 countries enjoy a fast and wireless experience through our award winning networks. Tele2 has been listed on the NASDAQ OMX Stockholm since 1996. In 2016, Tele2 had net sales of SEK 28 billion and reported an operating profit (EBITDA) of SEK 5.3 billion. For definitions of measures, please see the last pages of the Annual Report 2016. Follow @Tele2group on Twitter for the latest updates.

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