An offer document and information brochure in relation to TeliaSonera’s repurchase of shares have been published

THIS PRESS RELEASE MAY NOT BE DISTRIBUTED OR PUBLISHED, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA OR JAPAN, OR IN ANY OTHER COUNTRY WHERE DISTRIBUTION OR PUBLISHING IS ILLEGAL

The repurchase offer is not being made to shareholders in the United States, Canada, Australia, New Zealand, South Africa or Japan or to persons whose participation in the offer (i) requires additional disclosure of information or registration or other measures in addition to those required under Swedish and Finnish law, or (ii) would result in breach of applicable law or regulation. It is the duty of each person to observe restrictions resulting from foreign legislation. Documentation regarding the repurchase offer may not be distributed to these countries and TeliaSonera reserves the right to disregard any acceptances from persons in such countries.

The Finnish Financial Supervisory Authority has on February 21, 2011 approved TeliaSonera’s offer document in relation to the repurchase of shares described in TeliaSonera’s press release published on February 18, 2011. The offer document consists of two parts. The first part (Part I) contains, among other things, a description of TeliaSonera and the terms and conditions of the repurchase offer. The second part (Part II) contains TeliaSonera’s annual report for 2009 and TeliaSonera’s year-end report for the period January – December 2010.

In addition to the offer document referred to above, which is directed to shareholders whose shares are registered with Euroclear Finland, TeliaSonera also publishes an information brochure in relation to the repurchase offer, directed to shareholders whose shares are directly registered with Euroclear Sweden.

The offer document and the information brochure will be available on February 22, 2011 at TeliaSonera’s website www.teliasonera.com, on www.nordea.se/placera and on www.nordea.fi/investments.

This press release may not be published, distributed, disseminated or in any other way sent to the United States, Canada, Australia, New Zealand, South Africa or Japan or to any other jurisdiction where it may be illegal to publish, distribute, disseminate or circulate this press release. This press release does not constitute an offer to buy or sell securities in any jurisdiction, including the United States, Canada, Australia, New Zealand, South Africa or Japan.

TeliaSonera AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication at 08.00 a.m. CET on 22 February, 2011.

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TeliaSonera's press office for journalists can be reached at 46-771 77 58 30

Forward-Looking Statements
Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of TeliaSonera.

TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera help people and companies communicate in an easy, efficient and environmentally friendly way. Our ambition is to be number one or two in all our markets, providing the best customer experience, high quality networks and cost efficient operations. TeliaSonera is also the leading European wholesale provider with a wholly-owned international carrier network. In 2010, TeliaSonera’s net sales amounted to SEK 107 billion, and at the end of December 2010 the total number of subscriptions was 156 million in 20 countries. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com