TELE2, APAX AND VERSATEL GET THE GO-AHEAD FROM THE EUROPEAN COMMISSION
Tele2, Versatel and Apax announce that the European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of Versatel’s Benelux business by Tele2 and to the acquisition of sole control of Versatel’s German business by Apax.
Tele2 and Versatel confirm that the preparations are well under way for Tele2’s intended recommended simultaneous public cash offers for all outstanding Versatel shares and convertible notes. Tele2 and Versatel currently expect that the Offers will be made in mid September 2005.This announcement and related materials do not constitute an offer to purchase nor a solicitation of an offer to sell Versatel shares and convertible notes.This announcement is a public announcement as meant within article 9b paragraph 1 of the Bte 1995.Further information can be obtained from:For Tele2Lars-Johan Jarnheimer, President and CEO: + 46 8562 640 00Håkan Zadler, CFO: + 46 8562 640 00Per Borgklint, Market Area Director UK & Benelux: + 31 20 702 02 02Dwayne Taylor, Investor Relations, London: + 44 20 7321 5038Lena Krauss, Investor Relations, Stockholm: + 46 8 562 000 45Sarah Hamilton, M:Communications, London: + 44 78 36 295 291Nick Fox, M:Communications, London: + 44 77 11 727 618Anne Louise Van Lynden, Investor Voice, Amersterdam: + 31 65 4315 549 Carina Hamaker, Investor Voice, Amersterdam: + 31 65 3749 959For ApaxIra Wülfing, Communication: + 49 89 200030 33For VersatelWouter van de Putte, Investor Relations: + 31 20 750 2362Cilesta van Doorn, Corporate Communications: + 31 20 750 1318This press release appears in Swedish also. In the event of any inconsistency, the English version will prevail above the Swedish version.