Millicom International Cellular S.A. Announces Results For The Year Ended December 31, 2003


BERTRANGE, Luxembourg, Feb. 10, 2004 (PRIMEZONE) -- Millicom International Cellular:

- 44% Annual Increase in Proportional Subscribers to 4 million*

- 23% Annual Increase in Revenues to $641.1m (2002: $522.4m)*

- 32% Annual Increase in EBITDA to $318.2m (2002: $241.5m)*

- 143% Annual Increase in EBITDA for Africa

Marc Beuls President and Chief Executive Officer Millicom International Cellular S.A., Luxembourg Telephone: +352 27 759 327


 Andrew Best
 Investor Relations
 Shared Value Ltd, London
 Telephone:  +44 20 7321 5022

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