CONTEMPLATED DISPOSAL OF TELE2 FRENCH FIXED AND BROADBAND BUSINESSES TO SFR

In the coming days, Tele2 and SFR will analyse the situation arising
from the decision made by the European Commission with a view to take
a common position on the contemplated transaction shortly.



Further information can be obtained from:
Lars-Johan Jarnheimer, President and CEO Tele2 AB, Telephone: +46 8
5626 4000

Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79

Tele2 is Europe's leading alternative telecom operator. Tele2's
mission is to provide cheap and simple telecoms for everyone in
Europe. Tele2 always strives to offer the market's best prices. We
have 29 million customers in 22 countries. Tele2 offers fixed and
mobile telephony, broadband, 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. Tele2 has been listed on Stockholmsbörsen since 1996. In
2006 we had operating revenue of SEK 50.3 billion and we reported anoperating profit (EBITDA) of SEK 5.7 billion