OREANDA-NEWS. TEO LT, AB (hereinafter ‘the Company’ or ‘TEO’) from the largest shareholder of the Company, TeliaSonera AB, which holds 88.15 per cent of the Company’s shares and votes, received a letter with the list of nominees to the Board of the Company.

As a shareholder of TEO LT, AB TeliaSonera AB proposes to the Annual General Meeting of Shareholders to be held on 25 April 2013 in Vilnius, Lithuania, the following nominees to be elected to the Board of TEO LT, AB:

1. Ms Malin Frenning,

2. Ms Tiia Tuovinen,

3. Ms Inga Skisaker,

4. Mr Jens Loow,

5. Mr Mats Lillienberg,

6. Mr Rolandas Virsilas.

Malin Frenning (born in 1967) – Chairwoman of the Board of TEO LT, AB, member of the Board since 26 April 2010, re-elected for the two-year term on 28 April 2011 (nominated by Amber Teleholding A/S, the then subsidiary of TeliaSonera AB), member of the Remuneration Committee of the Board. Education: Lulea University of Technology (Sweden), Master of Science in Mechanical Engineering and Honorary Doctor of Technology. Employment: TeliaSonera AB (Sweden), President of Business Area Broadband Services. Current Board assignments: TeliaSonera Network Sales AB (Sweden), Chairwoman of the Board; TeliaSonera International Carrier AB (Sweden), Chairwoman of the Board; TeliaSonera Skanova Access AB (Sweden), Chairwoman of the Board; Elion Ettevotted AS (Estonia), Chairwoman of the Supervisory Council; ESRI S-Group AB (Sweden), member of the Board. Malin Frenning has no direct interest in the share capital of TEO LT, AB.

Tiia Tuovinen (born in 1964) – member of the Board of TEO LT, AB since 28 April 2009, re-elected for the two-year term on 28 April 2011 (nominated by Amber Teleholding A/S, the then subsidiary of TeliaSonera AB), member of the Audit Committee of the Board. Education: University College London (United Kingdom), Master of Laws, and University of Helsinki (Finland), Master of Laws. Employment: TeliaSonera Finland Oyj (Finland), General Counsel for Broadband Services and Vice President for Real Estates and Property Planning in Finland. Current Board assignments: Lattelecom SIA (Latvia), member of the Supervisory Council; TeliaSonera Finland Oyj (Finland), member of the Board; TeliaSonera International Carrier AB (Sweden), member of the Board; Tilts Communications A/S (Denmark), member of the Board and Managing Director; Kekkila Oy (Finland), member of the Board; member of the Board of several real estate companies in Helsinki, Finland. Tiia Tuovinen has no direct interest in the share capital of TEO LT, AB.

Inga Skisaker (born in 1962) – member of the Board of TEO LT, AB, elected for the two-year term on 28 April 2011 (nominated as independent candidate by Amber Teleholding A/S, the then subsidiary of TeliaSonera AB), member of the Audit Committee of the Board. Education: Vilnius University (Lithuania), Master of International Business Administration. Employment: Nordea Bank Finland Plc Lithuania Branch, General Manager. Current Board assignments: Baltic Management Institute (Lithuania), member of the Board; Investors Forum (Lithuania), member of the Board. Inga Skisaker has no direct interest in the share capital of TEO LT, AB.

Jens Loow (born in 1965). Education: Bachelor of Economics & Accounting from the Business School at University of Umea (Sweden). Employment: Chief Financial Officer of Business Area Broadband Services, TeliaSonera AB (Sweden). Current Board assignments: TeliaSonera Network Sales AB (Sweden), member of the Board, Teliasonera Skanova Access AB (Sweden), member of the Board, Elion Ettevotted AS (Estonia), member of the Supervisory Council. Jens Loow has no direct interest in the share capital of TEO LT, AB.

Mats Lillienberg (born in 1960). Education: studies in software design and economics. Employment: Chief Technology Officer, SunGard Financial Systems. He is not involved in activities of other companies and has no direct interest in the share capital of TEO LT, AB.

Rolandas Virsilas (born in 1963). Education: Vilnius University (Lithuania), Faculty of Mathematics, Master‘s degree. Employment: UAB “Svyturys – Utenos Alus” (Lithuania), CEO. He is not involved in activities of other companies. Rolandas Virsilas has 100,000 shares of TEO LT, AB that accounts to 0.0129 per cent of the total number of the Company’s shares and votes.