TDC Reports Q4, Full Year Results

Net revenue grew 5.2%

EBITDA grew 6.7%

TDC proposes a dividend of DKK 12.50 per share for 2004

Net revenues grew 8.3%

Domestic mobile net revenues grew 27.0%

EBITDA grew 4.8%

Cash flow from operations of DKK 3.7bn, up 24.6%, with net debt of DKK 20.0bn by year-end 2004

TDC expects net revenues of DKK 45.7bn and a continued improvement of EBITDA to DKK 12.9bn. Net income is expected to be DKK 1.8bn after goodwill amortization of DKK 1.7bn.