TeliaSonera January - March 2003


STOCKHOLM, Sweden, May 8, 2003 (PRIMEZONE) -- TeliaSonera (LSE:TLSNq) (Nasdaq:TLSN):

Pro Forma*

Q1 in Brief


 -- Net sales increased 3.6 percent to SEK 20,349 million.
 -- Operating income totaled SEK 3,227 million (4,625). Excluding non-
    recurring items operating income increased from SEK 2,010 million to
    SEK 3,227 million.
 -- Net income was SEK 1,602 million (3,878) and earnings per share SEK
    0.34 (0.83).
 -- EBITDA improved to SEK 7,562 million (6,572). Excluding non-
    recurring items EBITDA improved from SEK 5,972 million to SEK 7,562
    million. EBITDA margin increased to 37 percent (30).
 -- Free cash flow increased to SEK 3,897 million (-289).

 Questions regarding content:
 TeliaSonera AB, Investor Relations
 SE-123 86 Farsta, Sweden
 Tel. +46 (0)8 50 45 50 00
 Fax +46 (0)8 713 6947
 www.teliasonera.com/ir

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http://www.waymaker.net/bitonline/2003/05/08/20030508BIT00060/wkr0001.doc

http://www.waymaker.net/bitonline/2003/05/08/20030508BIT00060/wkr0002.pdf