BERTRANGE, Luxembourg, Aug. 13, 2004 (PRIMEZONE) -- RECONVENING NOTICE is hereby given to the shareholders of the Company that in consideration of the quorum required by the law of August 10, 1915 on commercial companies, as amended (the Law) and the articles of association of the Company (the Articles) not having been reached at the Extraordinary General Meeting of the shareholders of the Company held on August 9, 2004 to consider and vote on the below agenda items, a subsequent Extraordinary General Meeting of the shareholders of the Company (the Meeting) will be held on September 14, 2004 at 3.00 p.m. before Maitre Paul Decker, notary, at the registered office of the Company, i.e. at 75, route de Longwy in L-8080 Bertrange (Grand Duchy of Luxembourg) with the following agenda:
1. Amendment of article 13, paragraph 3 of the articles of association of the Company so that the current text
"The Company shall indemnify any director or officer and his heirs, executors and administrators, against expenses reasonably incurred by him in connection with any action, suit or proceeding to which he may be made a party by reason of his being or having been a director or officer of the Company, or, at the request of the Company, of any other company of which the Company is a shareholder or creditor, except in relation to matters as to which he shall be finally adjudged in such action, suit or proceeding to be liable for gross negligence or wilful misconduct; in the event of a settlement, indemnification shall be provided only in connection with such matters covered by the settlement as to which the Company is advised by its legal counsel that the person to be indemnified did not commit such a breach of duty. The foregoing right of indemnification shall not exclude other rights to which he may be entitled"
will read as follows following the proposed amendments:
"The Company shall indemnify any director or officer and his/her heirs, executors and administrators for any damages, compensations and costs to be paid by him/her and any expenses reasonably incurred by him/her as a consequence of, or in connection with any action, suit or proceeding to which he/she may be a party by reason of him/her being or having been a director or officer of the Company, or, at the request of the Company, of any other company of which the Company is a shareholder or creditor, except in relation to matters as to which he/she shall be finally judged in such action, suit or proceeding to be liable for gross negligence or wilful misconduct; in the event of a settlement, indemnification shall be provided only in connection with such matters covered by the settlement as to which the Company is advised by its legal counsel that the person to be indemnified did not commit such breach of duty. The foregoing right of indemnification shall not exclude other rights to which he/she may be entitled". 2. Miscellaneous.
In respect of the above agenda and in accordance with the Law and the Articles, the Meeting shall validly deliberate regardless of the proportion of the capital of the Company present or represented and the resolution(s) shall be taken by a three quarters majority of all the shares present or represented.
Participation to the Meeting is reserved to shareholders who file their intention to attend the Meeting by mail and/or return a duly completed and signed proxy form at the following address: Millicom International Cellular SA, 75, route de Longwy, L-8080 Bertrange, attention: Veronique Mathieu Tel: +352 27 759 287, Fax: +352 27 759 359 no later than September 8, 2004 at 5.00 p.m. Proxy forms for the Meeting are available upon request at the registered office of the Company.
Holders of Swedish Depository Receipts wishing to attend or be represented at the Meeting via proxy have to request a power of attorney from Fischer Partners Fondkommission AB, P.O. Box 16027, SE-103-21 Stockholm, Sweden, Tel: +46 8 463 85 00 and send it duly completed to the following address: Millicom International Cellular SA, 75, route de Longwy, L-8080 Bertrange, attention: Veronique Mathieu Tel: +352 27 759 287, Fax: +352 27 759 359, no later than September 8, 2004, at 5.00 p.m. Holders of Swedish Depository Receipts having registered their Swedish Depository Receipts in the name of a nominee must temporarily register the Swedish Depository Receipts in their own name in the records maintained by VPC AB in order to exercise their shareholders' rights at the Meeting and such registration must be completed no later than September 3, 2004.
August 13, 2004 The Board of Directors
Millicom International Cellular S.A. is a global telecommunications investor with cellular operations in Asia, Latin America and Africa. It currently has a total of 16 cellular operations and licenses in 15 countries. The Group's cellular operations have a combined population under license of approximately 387 million people.
This press release may contain certain ``forward-looking statements" with respect to Millicom's expectations and plans, strategy, management's objectives, future performance, costs, revenues, earnings and other trend information. It is important to note that Millicom's actual results in the future could differ materially from those anticipated in forward-looking statements depending on various important factors. Please refer to the documents that Millicom has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Millicom's most recent annual report on Form 20-F, for a discussion of certain of these factors.
All forward-looking statements in this press release are based on information available to Millicom on the date hereof. All written or oral forward-looking statements attributable to Millicom International Cellular S.A., any Millicom International Cellular S.A. members or persons acting on Millicom's behalf are expressly qualified in their entirety by the factors referred to above. Millicom does not intend to update these forward-looking statements.
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MILLICOM INTERNATIONAL CELLULAR S.A. societe anonyme Registered office: 75, route de Longwy L-8080 Bertrange Grand Duchy of Luxembourg R.C. Luxembourg: B-40.630 (the Company)