TeliaSonera Comments on Verdict

TeliaSonera comments on not guilty verdict in bribery case against TeliaSonera officials

November 1, 2006

1 Min Read

STOCKHOLM -- The Stockholm District Court has today returned a verdict of not guilty in the case against TeliaSonera's (OTC:TLSNF - News; STO:TLSN) (HEX:TLS1V) President and CEO Anders Igel and the former President of TeliaSonera Sweden, Marie Ehrling, who were jointly accused of bribery in connection with a customer event.

Anders Igel and Marie Ehrling would like to make the following joint statement:

"We are pleased to see that the District Court has listened to our arguments as we believe that we have only acted in accordance with common practice. We sincerely hope that the Public Prosecutor will accept this court's decision and allow the market and the State together to agree on the boundaries for an acceptable code of conduct. We welcome an overhaul to provide the business community with self-evident and unmistakable rules to follow."

In early 2005, TeliaSonera invited major customers to an event comprising of information and demonstrations of new products and services combined with a performance of the musical Mamma Mia at the Circus theatre in Stockholm. The event was cancelled when TeliaSonera was accused of bribery and corruption in connection with the invitation

Telia Company

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