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Telenor ASA Director's Dealing 2010

May 6, 2010

Director's Dealing

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Hilde Tonne, Executive Vice President and Head of

Communications and Corporate Responsibility in

Telenor, has on 6 May 2010 purchased 1,100 Telenor

shares at a price of NOK 80.20. After the

transaction Hilde Tonne owns 14,318 shares in

Telenor (included related parties).