TELE2 STRENGTHENS SENIOR EXECUTIVE TEAM - Tele2

Our market sites

Our market sites

Nov 9, 2005 8:00 PM CET

TELE2 STRENGTHENS SENIOR EXECUTIVE TEAM

Stockholm – Tele2 AB, (“Tele2”), (Stockholmsbörsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company, today announced that it will introduce two new positions, Vice President Operations and Vice President Sales & Marketing, in the Senior Executive Team.

Johnny Svedberg is appointed Vice President Operations, and Fredrik Berglund is appointed Vice President Sales & Marketing. Consequently, Fredrik Berglund will resign as CEO of Tele2 Sweden and as Market Area Director Nordic. Niclas Palmstierna will resume Fredrik Berglund’s positions as CEO of Tele2 Sweden and Market Area Director Nordic. All changes will apply as of December 1, 2005. Niclas Palmstierna has held various positions within the Tele2 organisation since 1999, most recently as CEO of Tele2 Denmark. Lars-Johan Jarnheimer, President and CEO of Tele2, comments; “Tele2’s existing organisation has practically been unchanged the past five years. During this period, we have more than doubled our revenue and added several new countries. This organisational change further secures Tele2’s cost efficiency and price leadership.” CONTACTS Lars-Johan Jarnheimer, Telephone: + 46 8 562 640 00 President and CEO, Tele2 AB Håkan Zadler, Telephone: + 46 8 562 640 00 CFO, Tele2 AB Dwayne Taylor, Telephone: + 44 20 7321 5038 Lena Krauss, Telephone: + 46 8 562 000 45 Investor enquiries Visit us at our homepage: http://www.Tele2.com

Related Material