The Tax Authorities Challenges Tax Return 2001 for Telenor

| Source: Telenor Telenor

OSLO, Norway, Oct. 16, 2002 (PRIMEZONE) -- The following notification has been sent to the Oslo Stock Exchange:

Telenor (Nasdaq:TELN) has been informed that the tax authorities will reach a decision regarding the tax return for 2001 in line with the suggestion forwarded by the Central Tax Office For Large Enterprises announced in a notification to the Oslo Stock Exchange October 9 this year. The effect of the decision will mean an increased income tax liability for 2001 of NOK 2.41 billion. Telenor will appeal the decision. 



            








        

            

                

                    
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                                INTERNATIONAL
                            
                            
                                TELECOMMUNICATIO
                            

                



        




    

        

        
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