Telenor (OSL:TEL) (Fornebu, August 14, 2008) Grameenphone today issued a press release regarding a fine the company has agreed to pay Bangladesh Telecommunications Regulatory Commission for enabling the use of unlicensed Voice over IP.

This fine, previously mentioned in media reports and notified in Telenor's presentation of the quarterly results on July 23rd, concludes the process initiated by the local authorities in 2007.

Please find the press release on http://www.grameenphone.com/index.php?id=410

For further information, please contact

Esben Tuman, Communications Director, Telenor Asia Mobile: +66 859 184 111 or esben@telenor.com

Ingrid Schiefloe, Head of Media and PR, Telenor ASA Mobile: +47 951 56 977 or ingrid.schiefloe@telenor.com

Telenor

http://www.telenor.com

ISIN: NO0010063308

Stock Identifier: OSE.TEL

US: Nasdaq:TELN

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