MILLICOM INTERNATIONAL CELLULAR S.A. ANNOUNCES RESULTS FOR THE YEAR ENDED DECEMBER 31, 2003

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MILLICOM INTERNATIONAL CELLULAR S.A. ANNOUNCES RESULTS FOR THE YEAR ENDED DECEMBER 31, 2003 - 44% Annual Increase in Proportional Subscribers to 4 million* - 23% Annual Increase in Revenues to $641.1m (2002: $522.4m)* - 32% Annual Increase in EBITDA to $318.2m (2002: $241.5m)* - 143% Annual Increase in EBITDA for Africa Marc Beuls President and Chief Executive Officer Millicom International Cellular S.A., Luxembourg Telephone: +352 27 759 327 Andrew Best Investor Relations Shared Value Ltd, London Telephone: +44 20 7321 5022 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/02/10/20040210BIT20310/wkr0006.pdf The full report

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