Telenor ASA — Earnings Release 2017

Oct 18, 2017

dtac Q3 2017 results

dtac Q3 2017 results

Telenor Group's subsidiary in Thailand, dtac, has today reported its

third quarter 2017 figures to the Stock Exchange of Thailand.

Telenor's consolidated figures in NOK million are as follows:

Q3 17 Q3 16

Revenues 4,487 4,671

EBITDA before other items 1,846 1,727

EBITDA 1,827 1,717

Operating profit 282 341

CAPEX 840 1,280

During the quarter the number of subscriptions decreased by 492,000

to 23.112 million.

Outlook 2017 (unchanged)

- Service revenues (excluding interconnect) same level as previous

year

- EBITDA at least same level as previous year

- CAPEX THB 17-20 billion