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Telenor ASA Earnings Release 2010

Feb 7, 2011

Earnings Release

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Telenor Group's subsidiary in Thailand, DTAC, has

today reported its fourth quarter 2010 figures to the

Thai and Singapore Stock Exchange. Telenor's

consolidated figures in NOK million are as follows:

Q410 Q409

Revenues 3,755 2,900

EBITDA before other items 1,307 953

EBITDA 1,307 953

EBIT 864 580

CAPEX 316 343

During the quarter the total number of subscriptions

increased by 684,000 to 21.620 million.