Tele2 Netherlands and T-Mobile sign MVNO agreement

Stockholm - Tele2 AB, ("Tele2"), (OMX Nordic Exchange: TEL2 A and
TEL2 B), today announced that Tele2 Netherlands has signed a MVNO
(Mobile Virtual Network Operator) agreement with T-Mobile for mobile
services in the Netherlands.

The new agreement gives Tele2 Netherlands access to the 2G- and
3G-network of
T-Mobile and the opportunity to further develop its mobile services
as a MVNO.
This means that Tele2 Netherlands independently can offer voice-,
SMS- and mobile internet services to its customers. Today Tele2 is
the largest MVNO in the Netherlands with more than 450.000 mobile
customers.

Harri Koponen, President and CEO of  Tele2 comments:"We are very
pleased with the agreement which gives Tele2 improved margins on an
already profitable market. The agreement also allows us to continue
to offer high quality products and at the same time ensure our price
leading position".

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Further information can be obtained from:
Harri Koponen, President & CEO, Tel: +46 8 5626 4000
Lars Torstensson, Investor Inquiries, Tel: +46 702 73 48 79
Pernilla Oldmark, Press Inquiries, Tel +46 704 26 45 45

Tele2 is one of Europe's leading alternative telecom operators.
Tele2's mission is to provide price leading and easy to use
communication services. Tele2 always strives to offer the market's
best prices. We have 24 million customers in 11 countries. Tele2
offers mobile services, fixed broadband and telephony, data network
services, cable TV and content services. Ever since Jan Stenbeck
founded the company in 1993, it has been a tough challenger to the
former government monopolies and other established providers. Tele2
has been listed on the OMX Nordic Exchange since 1996. In 2007, we
had net sales of SEK 39.5  billion and reported an operating profit
(EBITDA) of SEK 8.2 billion. For more information, visit
www.tele2.com.