TeliaSonera Finland in mobile-to-mobile termination agreements

TeliaSonera Finland in mobile-to-mobile termination agreements The three mobile network operators of Finland, TeliaSonera Finland, Radiolinja Origo Oy and Finnet Verkot Oy have achieved mutual agreements on their new mobile-to-mobile termination fees. In Finland, a mobile operator is obliged to determine its interconnection fees in such a way that they are cost-oriented and non- discriminatory. A cost-oriented price is a price that can be considered to be reasonable in view of the expenses and the efficiency. When reasonableness is assessed, a reasonable profit on capital - affected by the telecommunications operator's investments and related risks - is taken into account. As of March 1, 2004 TeliaSonera Finland (TSF) will receive 0.09 EUR per minute for each call terminated in its network (earlier 0.1278 EUR per minute). TeliaSonera Finland estimates that the new prices will have a few percentage point effect to the revenues and costs, and an approximately 5 MEUR negative effect on EBITDA per annum. For further information journalists can contact: Jyrki Karasvirta, Vice President Communications and Brand Marketing, TeliaSonera Finland, tel +358-40-737 21 45 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 is the leading telecommunications company in the Nordic and Baltic regions. At the end of December 2003 TeliaSonera had 11,957,000 mobile customers (37,610,000 incl associated companies) and 8,061,000 fixed customers (9,160,000 incl associated companies) and 1,631,000 internet customers (1,691,000 incl associated companies). Outside the home markets TeliaSonera has extensive interests in the growth markets in Russia, Turkey and Eurasia. TeliaSonera is listed on the Stockholm Exchange, the Helsinki Exchanges and the Nasdaq Stock Market in the USA. Pro forma net sales January-December 2003 amounted to SEK 81.7 billion (EUR 9.01 billion). The number of employees was 26,694. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/03/03/20040303BIT00270/wkr0001.doc http://www.waymaker.net/bitonline/2004/03/03/20040303BIT00270/wkr0002.pdf