Telia Company

Legal Proceedings Report • May 3, 2016

Press Release May 3, 2016

Swedish prosecutors close down bribery investigation in Azerbaijan

Swedish prosecutors have announced that they close down the investigation regarding suspected bribery in Azerbaijan. After today's decision, there are no ongoing Swedish investigations that relates to Telia Company, except for the investigation regarding Uzbekistan. Telia Company is cooperating fully with the prosecutors and police in investigations regarding suspected bribery and has full confidence in the prosecutors and their work.

Telia Company AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication at CET 17.30 on May 3, 2016.

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

Forward-Looking Statements

Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of Telia Company.

We're Telia Company, the New Generation Telco. Our 21 000 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 http://www.teliacomapany.com/.