Temporary increase in the number of shares and votes in Tele2 AB

Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) today announced that as of 31 May 2013 the number of shares in Tele2 AB amounts to 897,556,678 shares of which are 41,975,932 Class A shares, with ten votes each, and 849,292,746 Class B shares and 6,298,000 Class C shares with one vote each. The total number of votes in the company amounts to 1,275,350,066.

The Annual General Meeting of Tele2 2013 resolved on a so-called automatic share redemption procedure. The share redemption procedure involves a share split, whereby one (1) existing share in the company is split into two (2) shares. As a result of the share split, the number of shares in Tele2 has increased by 448,783,339 shares during May. The number of shares in Tele2 is, following the share split, 897,566,678 shares.

The 448,783,339 new shares are so-called redemption shares which will be redeemed as a part of the on-going procedure. Thereafter, the number of shares in Tele2 will amount to 448,783,339, i.e. the same number as prior to the share split.

For further information, contact:

Lars Torstensson, EVP Corporate Communications, Telephone: +46 702 73 48 79

Pernilla Oldmark, Information Director, Press Inquiries, Telephone: +46 704 26 45 45

TELE2 IS ONE OF EUROPE'S FASTEST GROWING TELECOM OPERATORS, ALWAYS PROVIDING CUSTOMERS WITH WHAT THEY NEED FOR LESS. We have 15 million customers in 10 countries. Tele2 offers mobile services, fixed broadband and telephony, data network services, cable TV and content services. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 has been listed on the NASDAQ OMX Stockholm since 1996. In 2012, we had net sales of SEK 31 billion and reported an operating profit (EBITDA) of SEK 6 billion

The information is of such character, which Tele2 AB (publ) shall disclose in accordance with the law on Trading with Financial Instruments (1991:980). The information was distributed for disclosure at 08:00 on 31 May 2013.