NGT – Statement regarding mandatory offer

Further to the announcement made by Telecom Holding 3 AS on 4 March 2019 in relation to a voluntary offer for the shares of NextGenTel Holding ASA, please find attached an independent statement prepared by SEB Corporate Finance, Skandinaviska Enskilda Banken AB (publ) in accordance with Section 6-16 of the Norwegian Securities Trading Act.

About Us

The NextGenTel Group is a major player in providing fixed and mobile Internet communication services to consumers and businesses with a #2 position within xDSL broadband in the Norwegian market. The range of services covers access independent broadband, data net, Ethernet, VoIP, mobile and TV. In addition, the Group provides VoIP services to consumers in Denmark, Switzerland and the Netherlands. The company is headquartered in Oslo, Norway and is listed on the Oslo Exchange as NGT. NextGenTel's mission is to be a major force in defining and providing fixed and mobile internet communications to the consumer and small businesses.