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Telenor ASA above 96.6 per cent of shares and votes in Glocalnet AB. Telenor ASA extends the acceptance period for the offer

Not for release, directly or indirectly, in or into the United States, Australia, Canada or Japan. • Glocalnet AB’s shares tendered under Telenor ASA’s public offer and shares held by Telenor ASA represent in aggregate approximately 96.69 per cent of the shares and votes in Glocalnet ABTelenor ASA’s (”Telenor”) public offer (the “Offer”), through its wholly owned Swedish subsidiary TBS Infrastructure AB, to the shareholders and warrant-holders of Glocalnet AB (publ) (“Glocalnet”) in accordance with the offer document dated February 27, 2006 has during the ordinary acceptance period been

Press Release

Telenor ASA has, through the wholly owned Swedish subsidiary TBS Infrastructure AB, on February 27, 2006 acquired 193,820 shares in Glocalnet AB. Thereby, Telenor ASA owns 215,052,321 shares in Glocalnet AB, together representing 85.1 percent of the capital and votes in Glocalnet AB on a fully diluted basis. Telenor ASA TBS Infrastructure AB For further information, please contact: Pål Kvalheim Head of Communication, Telenor i Norden Telephone number: +47 970 44 970 E-mail: pal.kvalheim@telenor.com

Press Release

Telenor ASA has, through the wholly owned Swedish subsidiary TBS Infrastructure AB, on February 9, 2006 acquired 8,590,000 additional shares in Glocalnet AB. Thereby, Telenor ASA owns 205,018,018 shares in Glocalnet AB, together representing 81.1 percent of the capital and votes in Glocalnet AB on a fully diluted basis. Telenor ASA TBS Infrastructure AB For further information, please contact: Pål Kvalheim Head of Communication, Telenor i Norden Telephone number: +47 970 44 970 E-mail: pal.kvalheim@telenor.com

Press Release

Telenor ASA has, through the wholly owned Swedish subsidiary TBS Infrastructure AB, on February 8, 2006 acquired 69,951,808 additional shares in Glocalnet AB. Thereby, Telenor ASA owns 196,428,018 shares in Glocalnet AB, together representing 77.7 percent of the capital and votes in Glocalnet AB on a fully diluted[1] basis. Telenor ASA TBS Infrastructure AB For further information, please contact: Pål Kvalheim Head of Communication, Telenor i Norden Telephone number: +47 970 44 970 E-mail: pal.kvalheim@telenor.com ------------------------------------------------------------------------------

Telenor increases its ownership in Glocalnet to above 50 percent and makes a public offer to the shareholders and warrantholders of Glocalnet

Not for release, directly or indirectly, in or into the United States, Australia, Canada or Japan.Telenor ASA (“Telenor”) makes , through its wholly owned Swedish subsidiary TBS Infrastructure AB (“TBS Infrastructure”), a public offer to all shareholders and warrantholders of Glocalnet AB (“Glocalnet”), to tender their shares in and warrants 2003:1 issued by Glocalnet to Telenor (the “Offer”). The Offer is made in accordance with the stipulations regarding mandatory bid in the rules of the Swedish Industry and Commerce Stock Exchange Committee with respect to public offers for the

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