Telenor ASA — Earnings Release 2014

Oct 20, 2014

DiGi Q3 2014 results

DiGi Q3 2014 results

Telenor Group's subsidiary in Malaysia, DiGi, has

today reported its third quarter 2014 results.

Telenor's consolidated figures in NOK million are

as follows:

Q314 Q313

Revenues 3,442 3,142

EBITDA before other items 1,558 1,417

EBITDA 1,558 1,419

Operating profit 1,303 1,008

Capex 534 432

During the quarter, the total number of

subscriptions increased by 442,000 to 11.345

million.

Outlook 2014 maintained

In 2014, DiGi aims to deliver 4-6% revenue growth

and an EBITDA margin sustained at 2013 level. The

capex in 2014 is expected to be up to MYR 900

million.