Millicom International Cellular SA Proposes FY 2011 Extraordinary Dividend of USD 3 per Share; Maintains FY 2012 Financial Guidance

Millicom International Cellular SA announced that the Board will propose an extraordinary fiscal year 2011 dividend of USD 3 per share to an Extraordinary General Meeting to be convened in the fourth quarter of the fiscal year 2012. In addition, the Company maintains it fiscal year 2012 guidance and expects the full year fiscal year 2012 EBITDA margin to be around 43% and fiscal year 2012 operating free cash flow margin of around 20% of revenue. In the fiscal year 2012, it also expects capex, excluding spectrum acquisition, to increase but to remain below 20% of revenue.