The annual general meeting of TEO LT, AB (hereinafter ‘the Company' or ‘TEO') shareholders on 26 April 2007 made the following decisions: - To approve audited Company's annual financial statements for the year 2006, prepared according to the International Financial Reporting Standards. To the shareholders was also presented Consolidated Annual Report of the Company for the year 2006, prepared by the Company, read by the audit and approved by the Board of Directors. - To allocate the Company's profit of the year 2006 according the draft of profit allocation presented for Annual General Meeting of Shareholders as follows: to allocate from the Company's distributable profit LTL 201,973 thousand (EUR 58,495 thousand) for the dividend payment for the year 2006 or LTL 0.26 (EUR 0.075) dividend per share. For annual payments to the members of the Board for the year 2006 to allocate LTL 378 thousand (EUR 109 thousand), i.e. LTL 54 thousand per one member of the seven-member Board. The Company plans to pay out dividends on the 23 May 2007. - To recall from the Board of the Company all members of the Board: Erik Hallberg, Morgan Ekberg, Matti Hyyrynen, Brita Hanberger, Gert Tiivas, Gintautas Žintelis and Valdo Kalm. - To elect to the Board of the Company for new term of the Board (for 2 years): 1. Mr Jörgen Latte, proposed by Amber Teleholding A/S 2. Mr Anders Gylder, proposed by Amber Teleholding A/S 3. Mr Ove Alm, proposed by Amber Teleholding A/S 4. Mr Joakim Sundström, proposed by Amber Teleholding A/S 5. Mr Björn Lindegren, proposed by Amber Teleholding A/S 6. Mr Matti Hyyrynen as proposed to Amber Teleholding A/S by East Capital 7. Mr Gert Tiivas as proposed to Amber Teleholding A/S by East Capital Jörgen Latte (born in 1954) - CFO of TeliaSonera Sweden; a member of the Supervisory Boards of Telia Pensionfund (Sweden), LMT (Latvia) and Eesti Telekom (Estonia); Chaiman of the Board of Telia Electronic Commerce AB (Sweden), Infonet Svenska AB (Sweden), TeliaSonera Sverige Net Fastigheter AB (Sweden), TeliaSonera Sverige Finans AB (Sweden), TeliaSonera Payphone AB (Sweden), TeliaSonera Sverige Asset Finance AB (Sweden) and adminson AB (Sweden); a member of the Board of Sergel Kredittjänster AB (Sweden), TeliaSonera International Carrier AB (Sweden) and TeliaSonera Försäkring AB; a deputy member of the Board of Avnos AB (Sweden); has no interest in the share capital of TEO LT, AB. Anders Gylder (born in 1950) - Executive Vice President at TeliaSonera AB Business Area Broadband Services; a member of the Supervisory Board of Eesti Telekom (Estonia); has no interest in the share capital of TEO LT, AB. Ove Alm (born in 1959) - Head of Product and Production at TeliaSonera AB Business Area Broadband Services; a member of the Board of Telia Stofa A/S (Denmark) and NextGenTel Holding ASA (Norway); has no interest in the share capital of TEO LT, AB. Joakim Sundström (born in 1959) - Director of Business Control at TeliaSonera AB Business Area Broadband Services. Not involved in activities of other companies and has no interest in the share capital of TEO LT, AB. Björn Lindegren (born in 1949) - General Counsel at TeliaSonera Business Area Broadband Services; a member of the Board of TeliaSonera Network Sales AB, TeliaSonera International Carrier AB, TeliaSonera Sverige Asset Finance AB, TeliaSonera Payphone AB, TeliaSonera Net Fastigheter AB, Infonet Svenska AB, Telia Electronic Commerce AB, Telia Lithuania AB and Föräldrakooperativet Lurifaxen I Farsta; has no interest in the share capital of TEO LT, AB. Matti Hyyrynen (born in 1954) - Head of Vilnius and Riga Resident Office of European Bank for Reconstruction and Development; a member of the Board and Chairman of the Audit Committee of TEO LT, AB since 2002; has no interest in the share capital of TEO LT, AB. Gert Tiivas (born in 1973) - Head of East Capital Baltic office in Tallinn; a member of the Supervisory Councils of the Tallinn Stock Exchange (Estonia), Baltika AS (Estonia), Arco Varavalitsemise AS (Estonia), Cantik Enterprises Ltd. (Ukraine), Pervomayskaya Zarya Ltd. (Russian Federation), JSC Open Investments (Russian Federation), Russian Real Estate Investment Company AB (Sweden) and Explorer Property Fund - Baltic States AB (Sweden); a member of the Board and Audit Committee of TEO LT, AB since 2006; has no interest in the share capital of TEO LT, AB. Eglė Gudelytė-Harvey, Director of Corporate and Legal Affairs Unit, tel. +370 5 236 72 92.