Tele2 AB issues Swedish krona Bond

Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm Exchange: TEL2 A and TEL2 B)
announces that they successfully placed a 2.25 year bond in the Swedish bond
market.

Tele2 AB, has successfully completed the issuance of a 2.25 year SEK 750 million
bond in the Swedish bond market. The issue has a floating rate coupon of 3m
STIBOR +1.10%. The bond has been issued under the companys EMTN program and will
be listed on the Luxembourg Stock Exchange

SEB acted Lead Manager for the transaction.

For further information, contact:

Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79
Pernilla Oldmark, Press Inquiries, Telephone: +46 704 26 45 45

TELE2 IS ONE OF EUROPE'S LEADING TELECOM OPERATORS, ALWAYS PROVIDING THE BEST
DEAL. We have 38 million customers in 11 countries. Tele2 offers mobile
services, fixed broadband and telephony, data network services, cable TV and
content services. Ever since Jan Stenbeck founded the company in 1993, it has
been a tough challenger to the former government monopolies and other
established providers. Tele2 has been listed on the NASDAQ OMX Stockholm since
1996. In 2011, we had net sales of SEK 41 billion and reported an operating
profit (EBITDA) of SEK 11.2 billion.


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