STOCKHOLM, Sweden, Jan. 15, 2004 (PRIMEZONE) -- In May 2003, the board of directors of TeliaSonera launched an audit tender process. The aim was to choose one audit firm, best qualified, to take the audit responsibilities in the TeliaSonera group. Invited to tender were Deloitte&Touche, Ernst&Young, KPMG and PricewaterhouseCoopers.
After an extensive process, lead by the audit committee of the board of TeliaSonera, the board has decided to propose to the shareholders, at the Annual General meeting to be held on April 28, 2004, to elect PricewaterhouseCoopers as auditor of TeliaSonera.
The two main shareholders of TeliaSonera, the Swedish and Finnish States, representing totally 64.4 percent of the shares and votes in TeliaSonera, have informed that they support the proposal.
The audit committee of the board of TeliaSonera consists of Tapio Hintikka, Caroline Sundewall and Eva Liljeblom.
For further information journalists can contact: Tapio Hintikka, Chairman of the Board, TeliaSonera AB tel +358-405 007 784
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.
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The following files are available for download:
http://www.waymaker.net/bitonline/2004/01/15/20040115BIT00790/wkr0001.doc
http://www.waymaker.net/bitonline/2004/01/15/20040115BIT00790/wkr0002.pdf