MILLICOM EXCEEDS NINE MILLION SUBSCRIBERS

New York and Stockholm - February 8th, 2006 - Millicom International Cellular S.A. ("Millicom") (Nasdaq Stock Market: MICC, Stockholmsbörsen: MIC), one of the world's leading cellular operators in emerging markets, today announces that in January it exceeded nine million subscribers across its 16 operations. Marc Beuls, Millicom President and Chief Executive Officer said: "Subscriber growth for Millicom’s operations has been strong during 2005 and 2006 has started well. The key drivers have been the roll out of GSM services in all 16 of our markets, substantially increased capex and the launch of the Tigo brand in Latin America in 2005 and in Africa starting in 2006. We are continuing to invest heavily in extra capacity and coverage which gives us a competitive advantage in each market. The prospects for Millicom’s markets are particularly exciting as mobile penetration levels currently lag behind the penetration rates in the more developed countries in each region, but good economic growth in our countries of operation means that this gap is closing rapidly.” Millicom International Cellular S.A. is a global telecommunications investor with cellular operations in Asia, Latin America and Africa. It currently has cellular operations and licenses in 16 countries. The Group’s cellular operations have a combined population under license of approximately 391 million people. This press release may contain certain “forward-looking statements” with respect to Millicom’s expectations and plans, strategy, management’s objectives, future performance, costs, revenues, earnings and other trend information. It is important to note that Millicom’s actual results in the future could differ materially from those anticipated in forward-looking statements depending on various important factors. Please refer to the documents that Millicom has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Millicom’s most recent annual report on Form 20-F, for a discussion of certain of these factors. All forward-looking statements in this press release are based on information available to Millicom on the date hereof. All written or oral forward-looking statements attributable to Millicom International Cellular S.A., any Millicom International Cellular S.A members or persons acting on Millicom’s behalf are expressly qualified in their entirety by the factors referred to above. Millicom does not intend to update these forward-looking statements. CONTACTS: Marc Beuls President and Chief Executive Officer Millicom International Cellular S.A., Luxembourg Telephone: +352 27 759 327 Andrew Best Investor Relations Telephone: +44 20 7321 5022 Jon Coles / Tim Burt Brunswick Group Telephone: +44 20 7404 5959 Visit our web site at: www.millicom.com