Approval of annual accounts 2013 incl dividend proposal

The board of directors of Telio Holding ASA has 24 March 2014 approved the annual accounts for 2013. There were no material changes in the financial results compared to what was presented in the Q4 2013 financial results on 11 February 2014. Profit after tax for 2013 was NOK 57,520,000. The board proposes to the annual general meeting to pay a dividend of NOK 2 per share.

The annual general meeting (AGM) will take place Thursday 8 May 2014 at 14:00 pm at the company's premises at Harbitzalleen 2A, Skøyen, Oslo. A notice for the AGM will be sent to all shareholders and documents related to the AGM, including the annual report for 2013, will be available on the company's investor relations website (www.telioholding.no).