Telenor ASA — Earnings Release 2017

Jul 13, 2017

dtac - Q2 2017 results

dtac - Q2 2017 results

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

second quarter 2017 figures to the Stock Exchange of Thailand.

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

Q217 Q216

Revenues 4,818 4,629

EBITDA before other items 1,972 1,541

EBITDA 1,940 1,431

Operating profit 383 174

CAPEX 1,022 1,003

During the quarter the number of subscriptions decreased by 705,000

to 23.605 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