Notice of Extraordinary General Meeting in Teleca AB (publ)

The shareholders of Teleca AB (publ) are hereby invited to attend an extraordinary general meeting (EGM) at Dockplatsen 1, Malmö, Sweden, on Thursday 8 June 2006 at 3:00 p.m. Right to participate To have the right to participate, shareholders must: on Thursday 1 June 2006 be registered in the register of Teleca AB shareholders held by VPC AB (Sweden’s central securities depository); and at the latest by 4:00 p.m. on Thursday 1 June 2006 inform Teleca AB of their intention to attend the EGM. In addition, any shareholder who wishes to participate in the EGM and whose shares are registered in the name of a nominee must arrange for such shares to be temporarily re-registered in their own name at VPC by Thursday 1 June 2006 at the latest. Such shareholders are therefore advised to inform their nominees in good time before this date. Notice of intention to participate Intention to participate in the EGM can be notified by the following means: Post: Teleca AB (publ), Box 47606, SE-117 94 Stockholm, Sweden Telephone: +46 857911602 (08 579 116 02) Facsimile: +46 857911610 (08 579 116 10) E-mail: agneta.kohler@teleca.com Notification should include the following: name, civic registration number or corporate identity number, the number of shares held, daytime telephone number, and the number of any accompanying assistants (maximum two). If a shareholder intends to be represented by a proxy, then the notification should include the relevant authorisation. Proposed agenda 1. Opening of the meeting. 2. Election of chairman of the meeting. 3. Preparation and approval of the voting list for the meeting. 4. Approval of the agenda. 5. Election of persons to check the minutes. 6. Confirmation that the meeting has been duly convened. 7. Proposal from the board of directors to reduce the statutory reserve. 8. Authorisation of the chairman of the board to make the formal adjustments arising from the decision taken on item 7 deemed necessary in connection with registration. 9. Closing of the meeting. Reduction of the statutory reserve (item 7) The board of directors has proposed that the EGM should decide to reduce the statutory reserve (recorded as share premium account in the annual report for 2005) by transferring SEK 1,600,000,000 to unrestricted equity. Documentation The proposal of the board of directors to reduce the statutory reserve will be made available by the company no later than two weeks before the EGM takes place and will be sent by post to shareholders who request it. The information will also be available at www.teleca.com. Malmö, May 2006 Board of directors of Teleca AB (publ)