KINNEVIK PURCHASES MILLICOM SWEDISH DEPOSITARY RECEIPTS AND CONVERTIBLES
NOT FOR DISTRIBUTION IN USA, CANADA OR JAPAN Investment AB Kinnevik (“Kinnevik”) today announced that it has purchased 4.050.000 Swedish Depositary Receipts (the “Share Offering”) and USD 35 million of convertible bonds (the “Bond Offering”) in the private placement concluded by Millicom International Cellular S.A. (“Millicom”) today. As a result of these purchases, Kinnevik will own 35.7% of the capital and votes in Millicom, assuming that Morgan Stanley’s option to subscribe further securities on the Share Offering is exercised. Assuming full conversion of the convertible bond, including