Telia Company

Transaction in Own Shares • Aug 13, 2018

Press Release August 13, 2018

Share buy-backs in Telia Company during week 32 2018

During the period August 6, 2018, until August 10, 2018, Telia Company AB (publ) (LEI code 213800FSR9RNDUOTXO25) has repurchased in total 2 720 000 own shares (ISIN: SE0000667925). The share buy-backs form part of the SEK 5 billion share buy-back programme that Telia Company announced on April 20, 2018. The share buy-back programme, which runs between April 23, 2018, and March 22, 2019, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation").

During the period August 6, 2018, until August 10, 2018, shares in Telia Company have been repurchased as follows.

Date	Aggregated daily volume (number of shares)	Weighted average share price per day (SEK)	Total daily transaction value (SEK)
August 6, 2018	425 000	42,9891	18 270 368
August 7, 2018	520 000	43,0551	22 388 652
August 8, 2018	290 000	42,4927	12 322 883
August 9, 2018	285 000	42,7018	12 170 013
August 10, 2018	1 200 000	42,4975	50 997 000

All acquisitions have been carried out on Nasdaq Stockholm by Danske Bank A/S, Danmark, Sverige Filial on behalf of Telia Company. Following the above acquisitions, Telia Companys holding of own shares amounts to 38,580,000 shares as of August 3, 2018. The total number of shares in Telia Company is 4,330,084,781.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement. The total volume of Telia Company shares which have been bought back within the share buy-back programme from April 23, 2018, until and including August 10, 2018 amounts to 38,580,000 shares. In total a maximum of 433,008,478 shares may be repurchased. For information about all transactions in the buy-back programme see the following link to Nasdaq Stockholm's website: http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/stockholm/repurchasesof-own-shares]

For any queries about the buy-back program, please contact

Investors

Andreas Joelsson, Head of Investor Relations Tel: +46(0)70 863 33 27 andreas.joelsson@teliacompany.com

Media

We're Telia Company, the New Generation Telco. Our approximately 20,000 talented colleagues serve millions of customers every day in one of the world's most connected regions. With a strong connectivity base, we're the hub in the digital ecosystem, empowering people, companies and societies to stay in touch with everything that matters 24/7/365 on their terms. Headquartered in Stockholm, the heart of innovation and technology, we're set to change the industry and bring the world even closer for our customers. Read more at www.teliacompany.com.

Tel: +46(0)70 338 72 48 +46(0)73 086 47 14

Ralf Bagner, Press Officer Johanna Hansson Press Officer ralf.bagner@teliacompany.com johanna.z.hansson@teliacompany.com

This information is information that Telia Company AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07.30 CET on August 13, 2018.

For more information, please contact our press office +46 771 77 58 30, visit our Newsroom or follow us on Twitter @Teliacompany .

We're Telia Company, the New Generation Telco. Our approximately 20,000 talented colleagues serve millions of customers every day in one of the world's most connected regions. With a strong connectivity base, we're the hub in the digital ecosystem, empowering people, companies and societies to stay in touch with everything that matters 24/7/365 on their terms. Headquartered in Stockholm, the heart of innovation and technology, we're set to change the industry and bring the world even closer for our customers. Read more at www.teliacompany.com.