Telenor ASA — Earnings Release 2010

Jul 20, 2010

DTAC Q2 2010 results

Telenor Group's subsidiary in Thailand, DTAC, has

today reported its second quarter 2010 figures to

the Thai and Singapore Stock Exchange. Telenor's

consolidated figures in NOK million are as follows:

Q210 Q209

Revenues 3,360 3,009

EBITDA before other items 1,143 890

EBITDA 1,145 892

EBIT 721 474

CAPEX 198 283

During the quarter the total number of subscriptions

increased by 352,000 to 20.640 million.