Adjustment of warrants in Tele2 AB in connection with the extra dividend (87/10)

In connection with the extra dividend all warrants with Tele2 AB as underlying
instrument will be recalculated. The recalculation will be effective as from
Tuesday, May 18th, 2010. 

Please see the attached sheets for information about the new terms and
conditions for the warrants. 

Please contact the issuers for detailed information about the recalculation.

For further information concerning this exchange notice please contact Jaakko
Eskola or Anton Häggblom at + 46 8 405 60 00.