Tele2 AB

Tele2 AB (STO:TEL2B) Stockholm - Wednesday, October 22, 2008 - Tele2 AB ("Tele2") (OMX Nordic Exchange: TEL2 A and TEL2 B), today announced its consolidated results for the third quarter 2008.

Tele2 AB (STO:TEL2B) Stockholm - Tele2 AB, ("Tele2"), (OMX Nordic Exchange: TEL2 A and TEL2 B), today announced the following preliminary dates for the release of its interim results and Annual General Meeting in 2009:

Tele2 AB (STO:TEL2B) Wednesday, October 22, 2008 Host: Harri Koponen - President and CEO Lars Nilsson - CFO

Tele2 AB (STO:TEL2B) Stockholm - Tele2 AB, ("Tele2"), (OMX Nordic Exchange: TEL2 A and TEL2 B), today announced that it has conducted an impairment test of goodwill for continued operations, resulting in a total impairment loss of SEK 943 million, which will be reported in Q3 2008. The impairment loss will have no impact on Tele2's cash flow.

Tele2 AB (STO:TEL2B) As of 30 September 2008 the number of shares in Tele2 AB amounts to 449,799,339 shares of which are 38,173,706 Class A shares, with ten votes each, and 406,677,633 Class B shares and 4,948,000 Class C shares with one vote each. The total number of votes in the company amounts to 793,362,693. In September the number of shares in the company has increased with 850,000 Class C shares and the number of votes in the company has increased with 850,000.

Tele2 AB (STO:TEL2B) Stockholm - Tele2 AB, ("Tele2"), (OMX Nordic Exchange: TEL2 A and TEL2 B), today announced that it has sold its Swiss operation to TDC Sunrise. TDC Sunrise will pay in cash approximately SEK 300 million on a debt and cash free basis. Completion is expected following approval from the relevant regulatory authorities.

Tele2 AB (STO:TEL2B) Stockholm - Tele2 AB, ("Tele2"), (OMX Nordic Exchange: TEL2 A and TEL2 B), further to the announcement of the start of the repurchase of B shares on 3 September 2008, Tele2 AB announces that it has completed the repurchase of 4,500,000 Tele2 B shares, which corresponds to approximately one (1) percent of all shares in Tele2. The Board of Directors will propose to cancel the repurchased shares at the next Annual General Meeting.

Tele2 AB (STO:TEL2B) Stockholm - Tele2 AB, ("Tele2"), (OMX Nordic Exchange Stockholm: TEL2 A and TEL2 B), today announced that the Board of Directors resolved to issue and immediately thereafter repurchase 850,000 new Class C shares.

Tele2 AB (STO:TEL2B) Stockholm - Tele2 AB, ("Tele2"), (OMX Nordic Exchange: TEL2 A and TEL2 B), further to the announcement of the start of the repurchase of B shares on 3 September 2008, Tele2 AB ("Tele2" or "the Company") announces that it has repurchased 1,791,700 number of shares of the Company against an average price of SEK 103.68. It is the intention of the Company to cancel the repurchased shares.

Tele2 AB (STO:TEL2B) Stockholm - The Board of Directors of Tele2 AB ("Tele2"), (OMX Nordic Exchange: TEL2 A and TEL2 B), has decided, on the basis of the authorization received from the Annual General Meeting 2008, to repurchase a maximum of 4,500,000 Tele2 B shares, which corresponds to approximately one (1) percent of all shares in Tele2. The repurchased shares will be cancelled.