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Mar 29, 2005 2:00 PM CET


New York and Stockholm – Tele2 AB, (“Tele2”), (Nasdaq Stock Market: TLTOA and TLTOB and Stockholmsbörsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company, today announced that following the ongoing success of its fixed and mobile telephony operations in the Netherlands, it is now complementing its product offering by launching attractive ADSL services.

Tele2 is using KPN’s ADSL network for its product offering, ensuring that Tele2’s customers have a high quality ADSL connection with speeds up to 2 Mbps. Lars-Johan Jarnheimer, CEO of Tele2 said; “Adding ADSL to our product offering in the Netherlands is a natural step for us, following our successful fixed telephony launch in 1997 and mobile telephony launch in 2001.” 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

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