Continued strong level of orders received in 2005

Teligent is investigating the possibilities of financing the increased growth of the company on the basis of a new share issue

In 2005 Teligent continued to display a strong earnings trend. The level of orders received in the first quarter increased by 22 per cent and amounted to SEK 144.6 million, which is 60 per cent above the average level per quarter in 2004. After the end of the first quarter, the level of orders received has continued to increase. As previously announced, Teligent received new orders in, amongst other countries, Germany, Russia, South America and Southeast Asia during the first five months of 2005. The high level of orders received by the company, comprising complex and relatively extensive systems deliveries to major global carriers, entails an increase in tied-up working capital. In order to finance the increase in capital tied-up, the Board of Directors is considering the execution of a directed share issue, on the basis of authority resolved upon at the Annual General Meeting in April 2005. In light of the situation described above, Teligent has requested that Hagströmer & Qviberg Fondkommission investigate the market possibilities for a directed share issue. For further information, please contact: Lars-Erik Nilsson, Chairman of the Board Teligent AB Tel. +46 (0)734 439 890 Ulf Lindstén, President & CEO Teligent AB Tel. +46 (0)8 520 660 50 ulf.lindsten@teligent.se Torbjörn Gunnarsson, Head of Equity Capital Markets Hagströmer & Qviberg Fondkommision AB Tel. +46 (0)8 696 17 18 torbjörn.gunnarsson@hagqvi.com