Telenor ASA — Earnings Release 2015

Feb 8, 2016

Grameenphone Q4 2015 results

Grameenphone Q4 2015 results

Telenor Group's subsidiary in Bangladesh, Grameenphone, has

on 7 February 2016 announced its 2015 results. Telenor's

consolidated figures in NOK million for the fourth quarter

2015 are as follows:

Q415 Q414

Revenues 2,924 2,306

EBITDA before other items 1,595 1,161

EBITDA 1,587 1,155

Operating profit 1,035 716

CAPEX 501 500

During the quarter the number of subscriptions increased by

1.169 million to 56.679 million.