Notice of Extraordinary General Meeting

THE SHAREHOLDERS OF TELE2 AB (publ) are hereby invited to the
Extraordinary General Meeting on Wednesday 26 August 2009 at 9.00
a.m. CET at Kungl. Myntkabinettet, Slottsbacken 6, SE-114 84 in
Stockholm

NOTIFICATION
Shareholders who wish to participate at the Extraordinary General
Meeting shall:
- have their names entered in the register of shareholders maintained
by Euroclear Sweden AB on Thursday 20 August 2009, and
- notify the Company of their intention to participate by no later
than 1.00 p.m. CET on Monday 24 August 2009. The notification can be
made per e-mail, david.lillo@linklaters.com, by telephone +46
(0)8-665 4120 or in writing:

"EGM - Tele2"
Att: David Lillo
Linklaters Advokatbyrå AB
Regeringsgatan 67
P.O. Box 7833
SE-103 98 Stockholm, Sweden

When giving notice of participation, the shareholders should state
their name, personal identification number (or company registration
number), address, telephone number, shareholdings and any advisors
attending. If participation is by way of proxy, such document should
be submitted in connection with the notice of participation of the
Extraordinary General Meeting. If the proxy is issued by a legal
entity, a certified copy of the registration certificate or an
equivalent certificate of authority, shall be attached to the proxy.
The proxy and the document evidencing proof of authority may not be
issued earlier than one year prior to the Extraordinary General
Meeting. Written notifications made by post should be marked "EGM -
Tele2".

Proxy forms are available at the Company's website (www.tele2.com).
For ordering the proxy forms the same address and telephone number
can be used as for the notification, see above. Distance
participation and voting is not available.

Shareholders whose shares are registered in the names of nominees
must temporarily re-register the shares in their own name in order to
be entitled to participate in the Meeting. Shareholders wishing to
re-register must inform the nominee well in advance of Thursday 20
August 2009.

PROPOSED AGENDA
1. Election of Chairman of the Extraordinary General Meeting.
2. Preparation and approval of the voting list.
3. Approval of the agenda.
4. Election of one or two persons to check and verify the minutes.
5. Determination of whether the Meeting has been duly convened.
6. Resolution on the offer of reclassification of Class A shares into
Class B shares.
7. Closing of the Meeting.

RESOLUTION ON THE OFFER OF RECLASSIFICATION OF CLASS A SHARES INTO
CLASS B SHARES (Item 6)

The Board of Directors proposes that the Meeting shall resolve that
holders of Class A shares shall be entitled to reclassify their Class
A shares into Class B shares, upon which time one Class A share shall
be eligible for reclassification into one Class B share. An
application for reclassification shall be made during the period 26
August 2009 through 31 December 2009. The reclassification request
may include some or all of the shareholder's Class A shares and
should either state the number of Class A shares that shall be
reclassified, or the fraction (stated in percentage with no more than
two decimals) of the total number of votes in the company that the
Class A shareholder wants to hold after the reclassification. An
application for reclassification shall be made in writing to the
board of directors which will thereafter handle the issue of
reclassification. Such a request shall be made on a special form
which will be available on the Company's website (www.tele2.com) well
in advance of 26 August 2009. For ordering the form the same address
and telephone number can be used as for the notification, see above.

SHARES AND VOTES

There are a total number of 445,299,339 shares in the Company,
whereof 38,128,996 Class A shares, 402,222,343 Class B shares and
4,948,000 Class C shares, corresponding to a total of 788,460,303
votes. The Company currently holds 4,948,000 of its own Class C
shares corresponding to 4,948,000 votes, which can not be represented
at the Extraordinary General Meeting.

OTHER INFORMATION

Valid resolution under item 6 above requires approval of shareholders
representing at least two-thirds of the shares and the numbers of
votes represented at the Meeting.

                        Stockholm July, 2009
                       THE BOARD OF DIRECTORS