"A very pleasing decision"

"A very pleasing decision" "I'm very pleased about the government's decision to broaden Telia's ownership. Through the initial public offering, Telia will gain access to all of the financial instruments in the capital market for its continuing growth and development. The changes and investments that are now being made within Telia' operations will put the company in a solid strategic position for the future," commented Telia Chairman Lars-Eric Petersson in a statement about the Swedish government's decision to approve the listing of Telia on the stock exchange. Telia's Press Office +46 8 713 58 30 Telia is the leading Scandinavian internet and communication company challenging technology to liberate you in life and business. Annual turnover 1999 reached 52 121 MSEK and the number of employees amounted to approx. 30 600. Press Release Not for distribution into the United States, Canada, Australia or Japan ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/22/20000522BIT00550/bit0001.doc http://www.bit.se/bitonline/2000/05/22/20000522BIT00550/bit0002.pdf