Millicom to host event with Oxford Economics on the long-term macro-economic forecasts for Latin America

STOCKHOLM, SWEDEN 31 August 2016 – Millicom, the emerging market
telecommunications and media company operating under the brand name Tigo, will
host a conference call with Oxford Economics, a leader in macro-economic
forecasting, which has recently completed an in-depth study into the macro
-economic fundamentals of the Latin American markets in which Millicom operates.
Oxford Economics data show

  · GDP growth in our markets, ahead of forecasts for the wider region
  · Attractive household incomes and the expanding middle class
  · Strategic opportunities to realise continued growth within Millicom’s
footprint

Millicom will host the conference call for the global financial community on
Friday 16thSeptember at 9:00 AM (Sweden)/ 8:00 AM (London) and it will be
webcast at www.millicom.com.

Dial-in information:

Please dial in 5-10 minutes before the scheduled start time to register your
attendance. Dial-in numbers for the call are as follows:

UK: +44 (0)20 7026 5967

US: +1 719-457-1036

Sweden: +46 (0)8 5065 3942

Luxembourg: +352 2787 0187

The access code is: 5120010

Replay information:

A replay of the call will be available for one week from September 17, 2016 at:

Sweden: +46 (0) 8 5199 3077

UK: +44 (0) 207 660 0134

US: +1 719-457-0820

Replay passcode is: 5120010
For more information please contact:

Tabitha Aldrich-Smith, Interim Communications Director

Tel: +352 277 59084 (Luxembourg) / +44 7971 919 610 / press@millicom.com

David Boyd, Interim Investor Relations Director

Tel: +44 20 3249 2413 / investors@millicom.com
About Millicom

Millicom is a leading telecom and media company dedicated to emerging markets in
Latin America and Africa. Millicom sets the pace when it comes to providing
innovative and customer-centric digital lifestyle services. Tigo Business is a
fast growing business solutions hub. Millicom employs more than 16,000 people
and provides mobile services to over 57 million customers. Founded in 1990,
Millicom International Cellular SA is headquartered in Luxembourg and listed on
NASDAQ OMX Stockholm under the symbol MIC. In 2015, Millicom generated revenue
of USD 6.73 billion and Adjusted EBITDA of USD 2.27 billion.