TeliaSonera January-March 2004 - Pro Forma


STOCKHOLM, Sweden, April 28, 2004 (PRIMEZONE) -- TeliaSonera:


 -- Net sales, amounting to SEK 19,946 million (20,349), were on the 
    same level as the preceding year adjusted for changes in exchange 
    rates

 -- Net income increased to SEK 2,344 million (1,639) and earnings 
    per share to SEK 0.50 (0.35)

 -- Operating income increased to SEK 4,122 million (3,288)

 -- Free cash flow amounted to SEK 2,194 million (3,897), negatively 
    affected by tax payments for the previous year

 -- Divestment of Telia Finans reduced net debt by SEK 6.0 billion

 -- Continued strong market initiatives yielded results

 -- The number of customers increased to 22.4 million (20.7) in 
    TeliaSonera and to 28.9 million (21.5) in associated companies 
    year-on-year

 -- Cash offer on Eesti Telekom was announced

 1) Pro forma presentation excluding Telia's Finnish mobile operations
    and Swedish cable TV operations.

Questions regarding content: TeliaSonera AB Investor Relations SE-106 63 Stockholm, Sweden Tel. +46 8 504 550 00 Fax +46 8 611 46 42 www.teliasonera.com/ir

Ordering of individual printed reports: Tel. +46 372 851 42 Fax +46 372 843 56 www.teliasonera.com/ir

Shareholders with questions regarding the distribution of financial reports or for change of address: Tel. +46 8 449 88 16 Fax +46 8 449 88 10 E-mail: teliasonera@strd.se

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The full report is available for download:

http://www.waymaker.net/bitonline/2004/04/28/20040428BIT00020/wkr0001.doc

http://www.waymaker.net/bitonline/2004/04/28/20040428BIT00020/wkr0002.pdf



            

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