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Regulatory press release Tele2 Group Nov 16 2005, 9:00 AM CET

TELE2 SPAIN LAUNCHES RESIDENTIAL ADSL & FIXED TELEPHONY OFFER, USING COMUNITEL’S NETWORK

Stockholm – Tele2 AB, (“Tele2”), (Stockholmsbörsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company, announces that Tele2 Spain, using Comunitel’s extensive network, has launched a new product for residential ADSL and fixed telephony customers, which combines high speed ADSL, unlimited local and national calls and free monthly rental.

The new service, called Línea Tele2 ADSL, is based on Comunitel’s direct access technology and is available in all areas where Comunitel has network. Customers who subscribe to the service will get 6 Mbps ADSL, unlimited monthly local and national calls and free monthly line rental, all for €39.90 per month and all on one bill. Lars-Johan Jarnheimer, CEO and President of Tele2 commented, “Only six weeks after acquiring Comunitel, we are already benefiting from this acquisition. With this offer Spanish customers get a simple, high quality product and save money”. CONTACTSLars-Johan Jarnheimer, Telephone: + 46 8 562 640 00President and CEO, Tele2 ABHåkan Zadler, Telephone: + 46 8 562 640 00CFO, Tele2 ABDwayne Taylor, Telephone: + 44 20 7321 5038Lena Krauss, Telephone: + 46 8 562 000 45 Investor enquiriesVisit us at our homepage: http://www.Tele2.com

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