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May 16, 2002 9:22 AM CET

Telia is not granted inhibition in case against Tele2 regarding interconnect rates

New York and Stockholm - Tele2 AB, ("Tele2", "the Group") (Nasdaq Stock Market: TLTOA and TLTOB and Stockholmsbörsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company, today announces that the Swedish Administrative Court of Appeal has decided not to grant inhibition of the Stockholm County Administrative Court's ruling in the case against Telia regarding payment principles for interconnection. The decision was that Telia is liable for payments regarding traffic transited via their network ("Cascade Accounting") at certain tariff rates.
Tele2 AB, formed in 1993, is the leading alternative pan-European telecommunications company offering fixed and mobile telephony, data network and Internet services under the brands Tele2, Tango and Comviq to 15.8 million people in 21 countries. Tele2 operates Datametrix, which specializes in systems integration, 3C Communications, operating public pay telephones and public Internet services; Transac, providing billing and transaction processing service; C³, offering co-branded pre-paid calling cards and Optimal Telecom, the price-guaranteed residential router device. The Group offers cable television services under the Kabelvision brand name and together with MTG, owns the Internet portal Everyday.com. The Company is listed on the Stockholmsbörsen, under TEL2A and TEL2B, and on the Nasdaq Stock Market under TLTOA and TLTOB.
Tele2 AB

Lars-Johan Jarnheimer Telephone: + 46 8 5626 4000
President and CEO, Tele2 AB  
Håkan Zadler Telephone: +46 8 5626 4000
Andrew Best, Investor and Media Relations Telephone: +44 20 7321 5010
Visit our web site at www.tele2.com

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