TELE2 ISSUES FINANCIAL INFORMATION ACCORDING TO ITS NEW MARKET AREA STRUCTURE New York and Stockholm - Tele2 AB, ("Tele2"), (Nasdaq Stock Market: TLTOA and TLTOB and Stockholmsbörsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company, today issues financial information for the past six quarters, further to its previously communicated intention to provide financial information according to its new market area structure. The information includes net customer intake, revenue, EBITDA, EBIT and investments. The new structure, announced in September 2003, was effective January 1, 2004. Tele2 will release its financial and operating results for the first quarter 2004 on April 21, 2004. For full details and information regarding Tele2's results, please refer to the fourth quarter and full year financial report for 2003, released on February 9, 2004. CONTACTS Lars-Johan Jarnheimer President and CEO, Tele2 AB Telephone: + 46 (0)8 562 640 00 Håkan Zadler CFO, Tele2 AB Telephone: + 46 (0)8 562 640 00 Dwayne Taylor / Lena Glader Investor enquiries Telephone: + 44 (0)20 7321 5010 Visit us at our homepage: Tele2 AB, formed in 1993, is the leading profitable alternative pan-European telecommunications company offering fixed and mobile telephony, data network and Internet services under the brands Tele2, Tango and Comviq to 22.3 million people in 23 countries. Tele2 operates Datametrix, which specializes in systems integration, 3C Communications, providing integrated credit card processing, web payment solutions and public payphones; Transac, providing billing and transaction processing service; C³, offering co-branded pre-paid calling cards and Optimal Telecom, the price-guaranteed residential router device. The Group offers cable television services and, together with MTG, owns the Internet portal The Company is listed on the Stockholmsbörsen, under TEL2A and TEL2B, and on the Nasdaq Stock Market under TLTOA and TLTOB. ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download:

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