Telenor ASA has been informed that an investigation has been opened and that the
company has been formally charged on suspicion of violating the Sanctions Act,
as well as on suspicion of aiding and abetting crimes against humanity. Both
matters relate to the Telenor Group's former operations in Myanmar.
No individuals have been charged or are under investigation.
The investigation represents a further step in the extensive and ongoing
dialogue that Telenor ASA has maintained with the Norwegian prosecuting
authorities over a long period, during which a substantial volume of
documentation and information has been provided. Telenor ASA is cooperating
closely with the investigators in this matter. The company will do everything in
its power to assist in clarifying the case to the fullest extent possible.
The information contained in this announcement is considered inside information
relating to Telenor ASA pursuant to the EU Market Abuse Regulation and is
subject to the disclosure requirements set out in Section 5-12 of the Norwegian
Securities Trading Act. This announcement was published at the date and time
indicated above.
Media contact: EVP and Chief Corporate Affairs Officer Thomas Midteide,
+4796232017
Investor contact: SVP and Head of IR Frank Maaø, +4791674045
IR Frank Maaø\, +4791674045\