Decision of the Arbitral Tribunal regarding the redemption price of the Sonera share

Decision of the Arbitral Tribunal regarding the redemption price of the Sonera share The arbitral tribunal appointed in the redemption proceeding concerning the shares in Sonera Corporation initiated by TeliaSonera AB, has on 26 June 2003 determined the redemption price to be five euro and seventyeight cent (5.78 euro) per share and the interest to be paid on the redemption price from 21 March 2003 was set at five per cent (5.0%) per annum. It is estimated that the redemption price will be paid out in September 2003 at the latest. Pursuant to chapter 14, section 21 of the Finnish Companies Act, the ownership of all shares in Sonera were transferred to TeliaSonera on 21 March 2003 upon TeliaSonera placing the guarantee approved by the arbitral tribunal for the payment of the redemption price including interest. For further information journalists can contact: TeliaSonera´s Press Office, phone +46 8 713 58 30 TeliaSonera, formed through a merger of Telia and Sonera in December 2002, is the leading telecommunications group in the Nordic and Baltic regions. TeliaSonera is listed on the Stockholm Exchange, the Helsinki Exchanges and Nasdaq Stock Market in the USA. Pro forma Net sales January-March 2003 amounted to 20 billion SEK (EUR 2.2 billion). The number of employees was 28,000. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/06/26/20030626BIT01000/wkr0001.doc http://www.waymaker.net/bitonline/2003/06/26/20030626BIT01000/wkr0002.pdf