It is with Great Sadness that Millicom International S.A. Announces That the Founder and Chairman of the Company, Mr. Jan Hugo Stenbeck, has Passed Away


BERTRANGE, Luxembourg, Aug. 20, 2002 (PRIMEZONE) -- Millicom International S.A (Nasdaq:MICC):

Mr. Stenbeck suffered a heart attack at the American Hospital in Paris on Monday night after a brief illness.

Mr. Stenbeck was also the Founder and Chairman of Invik & Co. AB, Tele2 AB, MTG AB, Metro International S.A., Transcom WorldWide S.A. and was the Chairman of Industriforvaltnings AB Kinnevik.

Stockholm August 20, 2002

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