TELE2 RETURNS 3G LICENSE IN NORWAY HAVING SECURED MVNO
New York and Stockholm- November 8, 2002 - Tele2 AB ("Tele2", "the Group") (Nasdaq Stock Market: TLTOA and TLTOB and Stockholmsbörsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company, today announces that following the completion of its MVNO agreement with Telenor, which will provide UMTS access to Telenor's Norwegian network, Tele2 has today returned its UMTS license to the Norwegian Government. The MVNO agreement with Telenor presents significant cost advantages to Tele2 in that it avoids the need to build out 3G infrastructure in Norway. The 3G