SUSPENSION OF TRADING IN AS EESTI TELEKOM SHARES


AS Eesti Telekom has filed an application with the Estonian CSD for
transferring the minority shares to TeliaSonera AB (according to 
Estonian Commercial Code). The transfer is expected to be commenced on 
January 12, 2010. 

Yesterday, Eesti Telekom filed an application with the NASDAQ OMX Tallinn for
the suspension of trading in its shares starting from Thursday, January 07,
2010 until delisting to ensure the clearing and settlement of all stock
exchange trades before transferring the minority shares to the majority
shareholder. NASDAQ OMX Tallinn decided to satisfy the application and thus the
trading in Eesti Telekom shares is suspended starting from Thursday, January
07, 2010 until delisting. 

The shares of Eesti Telekom are expected to be delisted on January 13, 2010. 


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