MILLICOM SHAREHOLDERS APPROVE STOCK SPLIT
MILLICOM SHAREHOLDERS APPROVE STOCK SPLIT New York, London and Luxembourg - February 17, 2004 - Millicom International Cellular S.A. ("Millicom") (Nasdaq: MICC) announces that the extraordinary general meeting of shareholders held on Monday, February 16, 2004 approved a stock split of the issued shares of Millicom, by which each share with a par value of $6 is split into four new shares with a par value of $1.50 each. The stock split will be effective on February 20, 2004 with a record date of February 17, 2004. This press release may contain certain "forward-looking statements" with