Telia Company

Capital/Financing Update • Feb 8, 2012

Press Release February 8, 2012

TeliaSonera AB issues a 12 year Eurobond of EUR 750 million

TeliaSonera issued on February 7, a Eurobond of EUR 750 million in a 12 year deal maturing in February, 2024, under its existing EUR 10 billion EMTN (Euro Medium Term Note) program. The Re-offer yield was set at 3.663%p.a. equivalent to Euro Mid-swaps + 118 bp.

"We continue to take advantage of the windows in the Eurobond market and are pleased to have successfully issued another long-dated benchmark bond at attractive levels. In addition, this is the first 12 year corporate transaction in the Euro market since May, 2011," says Per-Arne Blomquist, Executive Vice president and CFO, TeliaSonera.

The Joint Bookrunners mandated by TeliaSonera for this transaction were Deutsche Bank, Crédit Agricole, ING Bank and Royal Bank of Scotland.

TeliaSoneraABdiscloses the information provided herein pursuant to the Swedish Securities MarketsAct and/or the Swedish Financial Instrument TradingAct. The informationwas submitted for publication at 10.45 a.m. CETon February 8, 2012.

For more information, please call the TeliaSonera pressoffice 46-771 77 58 30, press@teliasonera.com

Forward-Looking Statements

Statements made in the press release relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially fromthose expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of TeliaSonera.

TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera helps people and companies communicate in an easy, efficient and environmentally friendlyway. Our ambition is to be number one or two in all our markets, providing the best customer experience, high quality networks and cost efficient operations. TeliaSonera is also the leading Europeanwholesale provider with awholly-owned international carrier network. In 2011, net sales amounted to SEK104 billion, EBITDAto SEK36.9 billion and earnings per share to SEK4,20. The TeliaSonera share is listed on NASDAQOMXStockholm and NASDAQOMXHelsinki. Read more at www.teliasonera.com