Telenor: Reduced SMS prices as of today


OSLO, Norway, May 6, 2003 (PRIMEZONE) -- Telenor Mobil (Nasdaq:TELN) (Other OTC:TELNF) has recently announced extensive price cuts in June. The SMS prices are however effective already today. Thus, the price of an SMS will start at only NOK 0.69 for Telenor Mobil customers."Prices in general will be adjusted in June, but we would like to give our customers the benefit of lower SMS prices already today," said assistant Head of Information Esben Tuman Johnsen in Telenor Mobil.

The SMS prices for the following subscriptions have been reduced (NOK):


 Primaer:      0.69                                              
 Private:      0.89                                               
 Skala:        0.89-0.79-0.69 (Prices for 0-60 SMS, 60-120 SMS
                               and above 120 SMS per month)
 OYO Regning   0.79 (the subscription includes 50 free SMS per
                     month, increasing to 100 from June 16) 
 OYO Kontant:  0.89                                               
 Bedrift:      0.65 (excl. VAT)                                   


            

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