Tele1 Europe to provide Internet Super Highway for Helsinki Media's MikroBitti ma

Tele1 Europe to provide Internet Super Highway for Helsinki Media's MikroBitti magazine Tele1 Europe (NASDAQ: TEUR, Stockholm Stock Exchange: TEUR) has signed a contract with Finland?s largest computer magazine MikroBitti published by Finland?s largest and Scandinavia?s second largest media company for a broadband service with a capacity of 100 Mbit/s. The initial contract value is approximately US$1million over three years. This connection will offer a new Internet access service for MikroBitti?s readers. MikroBitti, as the first publication in Finland, offers a nationwide, 24h/day Internet service for its readers for merely the cost of a local call. MikrotBitti´s current web service is the most popular of its kind in Finland, with over 500,000 visitors each month, and over five million uploads of a single page. MikroBitti will now offer its customers a limitless access to the Internet together with Tele1 Europe. Users will benefit from fast, uncongested connections, for example for playing web games. - Our position as the market leader in the field sets high demands on the technical implementation of this new service, says Markku Alanen, Editor-in-Chief, MikroBitti. Our national and international Internet connections have been fulfilled with the latest technology and meeting our strict expectations. Tele1 Europe is able to provide us with fast and secure connections that the large number of our readers calls for. - MikroBitti is in many ways a forerunner in its field, and its web service is the most popular of its kind in Finland. The users of this service are experts in IT, which makes them demanding customers. We believe that they will be happy to use this new service and enjoy the faster connections provided by us, says Ari-Jussi Knaapila, Managing Director, Tele1 Europe in Finland Oy. For more information: Tele1 Europe in Finland Oy Ari-Jussi Knaapila, Managing Director Tel. +358-9- 2311 2310 / +358-40-759 1610 Email: ari-jussi.knaapila@tele1europe.fi Tele1 Europe Holding AB - Investor Relations Cecilia Johansson Phone: +46 8-56 31 0219, Mobile: +46 701 81 0219 E-mail: cecilia.johansson@tele1europe.se Helsinki Media/MikroBitti Markku Alanen, Editor-in-Chief Tel. +358-9-120 5743 Email: markku@mikrobitti.fi Pasi Andrejeff, Managing Editor Tel. +358-9-120 5767 Email: pasi@mikrobitti.fi Tele1 Europe (NASDAQ: TEUR, Stockholm Stock Exchange: TEUR) Tele1 Europe is a fast-growing data and telecommunications operator with operations in Denmark, Finland, Norway and Sweden. The Company offers broadband data, Internet and voice solutions, including server/web hosting and value-added data services to large and medium-sized business customers in the Nordic countries. Tele1 Europe is currently the only pan Nordic data- and telecommunications operator investing in local access networks with broadband capacity. The company is currently constructing networks in the nine largest cities in the Nordic region. The group also operates DSL networks. Tele1 Europe plans to build local access networks using fiber or DSL in 79 additional cities, across the four countries. The access networks, which are linked together with a long-distance network, will be one of Europe?s fastest data and Internet super-highways with an initial capacity for customers of up to one gigabyte. http://www.tele1europe.com Helsinki Media/MikroBitti Helsinki Media is part of Sanoma-WSOY Oyj, a listed company that is Finland?s largest and Scandinavia?s second largest media company. Helsinki Media is a diversified media company with activities ranging from magazines to books, from television to multimedia, and operations in Finland as well as in Sweden. Helsinki Media publishes MikroBitti, Finland?s largest computer magazine with 300,000 readers, offering exhaustive information for the active PC user. MikroBitti?s web service provides user tips for PCs, latest news on home PCs and free web games and software. MikroBitti?s web service has over 500,000 visitors each month, and over five million uploads of a single page. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/08/10/20000810BIT00070/bit0001.doc http://www.bit.se/bitonline/2000/08/10/20000810BIT00070/bit0002.pdf