The shares have been issued and repurchased in accordance with provisions of the retention and performance-based incentive programmes for senior executives and other key employees within the Tele2 group. Nordea Bank Abp, filial i Sverige subscribed for the entire issue of new class C shares at a subscription price corresponding to the ratio value of SEK 1.25 per share. The entire issue of class C shares has thereafter been repurchased by Tele2 for SEK 1.25 per share.
 

The purpose of the share issue and the repurchase is to enable the future delivery of class B shares to senior executives and other key employees participating in Tele2's retention and performance-based incentive programs. The class C shares will be converted into class B shares prior to delivery to qualifying participants. The class C shares do not carry rights to dividends.

Tele2 previously holds 1,100,000 class C shares and will, following the repurchase of the new 1,500,000 issued class C shares, hold all 2,600,000 class C shares in the company.

For more information, please contact:  
Elsa Ankarcrona, Senior Communications Manager, telefon: +46 707 55 33 14 
Stefan Billing, Head of Investor Relations, telefon: +46 701 66 33 10

Follow Tele2 in our press room: www.tele2.com/media