Millicom Board Appointment

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MILLICOM BOARD APPOINTMENT New York, London and Luxembourg - October 17, 2002 - Millicom International Cellular S.A. ("MIC") (Nasdaq Stock Market: MICC), the global telecommunications investor, today announced that Mr. Vigo Carlund, President and Chief Executive Officer of Industriförvaltnings AB Kinnevik, has been appointed to the Millicom Board. Millicom International Cellular S.A. is a global telecommunications investor with cellular operations in Asia, Latin America and Africa. It currently has a total of 18 cellular operations and licenses in 17 countries. The Group's cellular operations have a combined population under license (excluding Tele2) of approximately 444 million people. In addition, MIC operates the world's largest GSM clearing house and has licenses to provide high-speed wireless data services in eight countries. MIC also has an 9.3% interest in Tele2 AB, the leading alternative pan-European telecommunications company offering fixed and mobile telephony, data network and Internet services to over 16 million people in 21 countries. The Company's shares are traded on the Nasdaq Stock Market under the symbol MICC. CONTACTS: Marc Beuls Telephone: +352 27 759 101 President and Chief Executive Officer Millicom International Cellular S.A., Luxembourg Andrew Best Telephone: +44 20 7321 5022 Investor Relations Shared Value Ltd, London Visit our web site at ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download: