Telenor ASA — Capital/Financing Update 2020

Feb 6, 2020

Telenor ASA - Issuance of bonds

Telenor ASA - Issuance of bonds

Telenor ASA has on 06 February 2020 issued the following bond tranches under the company's EMTN programme:

- EUR 500,000,000, fixed coupon 0.25%, maturity 14 February 2028,

- EUR 500,000,000, fixed coupon 0.875%, maturity 14 February 2035.

All tranches will settle on 14 February 2020. The proceeds will be used for general corporate purposes and repayment of existing indebtedness.

The bonds will be listed on Luxembourg Stock Exchange.

Joint Book Runners : Danske Bank, J.P. Morgan Mizuho and SEB

For further information: Frode Borhaug, Director, Head of Funding, telephone +47 91638645