Tele2 wins mobile license in 2.6 GHz auction in Lithuania

Stockholm - Tele2 AB, ("Tele2"), (Stockholm Stock Exchange: TEL2 A and TEL2 B),
announced today that Tele2 has been awarded a mobile license in Lithuania of 2 x
20 MHz in the 2.6 GHz frequency band.

This frequency is specifically suited for next generation mobile broadband (LTE)
and  Tele2 Lithuania considers the license  an important step to further develop
its  mobile operations.  The frequency  will become  available as  from 2012 and
Tele2 Lithuania will have rights to use it for the next 15 years.

The  awarded license makes it possible  for Tele2 Lithuania to continue offering
price  leading  and  innovative  products  both  for  residential  and  business
customers.

Contacts

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 34 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 10.9 billion.

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