TeliaSonera Gives Notice to Employees in Sweden

STOCKHOLM, Sweden--(Business Wire)--
Regulatory News:

In February 2008, TeliaSonera (STO:TLSN)(LSE:TEE)(HEX:TLS1V)(NASDAQ:TLSN)
announced efficiency measures in the Swedish and Finnish operations, to be
implemented in 2008 and 2009. These efficiency measures are expected to result
in annual gross savings effects of approximately SEK 5 billion compared to the
cost base of 2007 and result in a reduction of approximately 2900 employees, of
whom two thirds in Sweden. The efficiency measures are being taken because
TeliaSonera cannot have higher structural costs than competitors and to be able
to continue shifting the product mix to mobility- and IP-based services.

As part of the efficiency programme announced in February 2008, TeliaSonera will
today give notice to 1200 employees in Sweden. Restructuring costs are expected
to remain unchanged and amount to less than SEK 3 billion, of which just above
half in 2008, as previously reported.

Forward-Looking Statements

Statements made in the press release relating to future status or circumstances,
including future performance and other trend projections are forward-looking
statements. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will
occur in the future. There can be no assurance that actual results will not
differ materially from those expressed or implied by these forward-looking
statements due to many factors, many of which are outside the control of
TeliaSonera.

TeliaSonera provides telecommunication services in the Nordic and Baltic
countries, in Spain and the emerging markets of Eurasia, including Russia and
Turkey. We are the leading European provider of quality cross-border voice, IP
and capacity services, provided through our wholly-owned international carrier
network. In 2007, TeliaSonera`s net sales amounted to SEK 96 billion, and at the
end of December 2007 the total number of subscriptions exceeded 114 million in
18 countries. The TeliaSonera share is listed on the Stockholm Stock Exchange
and the Helsinki Stock Exchange. Simplicity and service are important tools for
us in creating profitable growth and value for our customers and shareholders.
Read more at www.teliasonera.com

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TeliaSonera
Press Office, +46-(0)8-713 58 30

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