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Telenor ASA Earnings Release 2010

Oct 25, 2010

Earnings Release

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Telenor's subsidiary in Bangladesh, Grameenphone,

has announced its third quarter 2010 result.

Telenor's consolidated figures in NOK million are as

follows:

Q310 Q309

Revenues 1,721 1,458

EBITDA before other items 892 830

EBITDA 892 830

EBIT 519 462

CAPEX 120 130

During the quarter the total number of subscriptions

increased by 2,199,000 to 28.655 million.