NOTICE OF EXTRAORDINARY SHAREHOLDERS MEETING

The shareholders in Telio Holding ASA (the “Company”) are hereby given notice of the extraordinary shareholders meeting at the Company’s premises at Støperigt. 2 at Aker Brygge in Oslo on 1 March 2010 at 11.00 am. The board of directors has proposed the following agenda for the meeting: 1. Opening of the meeting by the chairman of the board and registration of the attending shareholders 2. Election of chairman of the meeting and one person to co-sign the minutes with the chairman 3. Approval of the notice of meeting and the agenda 4. Amendment to Section 7 of the Articles of Association – issuing documents electronically The board’s reasons and proposals for resolutions are enclosed as Appendix 1 below. Shareholders prohibited from attending in person can attend and vote at the general meeting through a proxy holder. Shareholders wishing to be represented by a proxy holder may give proxy to a named person or in blanco. In the latter case the Company will prior to the general meeting appoint as proxy holder the chairman of the board or a person appointed by him prior to the general meeting. Shareholders who want to attend through a proxy holder must submit the enclosed proxy form. The proxy must also be presented at the general meeting. A shareholder may require that board members and the general manager to furnish in the general meeting all available information regarding matter that may affect the consideration of (i) the matters which have been submitted to the shareholders for decision and (ii) the company’s financial position, and the business of other companies in which the company participates, and any other matters which the general meeting shall deal with, unless the information required cannot be given without disproportionately harming the company. As of the date of this notice, there are 19,392,700 shares of the company, each with a nominal value of NOK 0.10 and each representing one vote at the company’s general meeting. The company’s web page is www.telioholding.no Oslo, 1 February 2010 On behalf of the Company’s board of directors _________________________________ Erik Osmundsen (sign) Chairman