Proposal for Board Directors for Tele2


Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) today
announced that the Nomination Committee had proposed the re-election of Mia
Brunell Livfors, Jere Calmes, John Hepburn, Mike Parton, John Shakeshaft and
Cristina Stenbeck as Board Directors. The Committee also proposed the election
of Lars Berg and Erik Mitteregger as new Board Directors. The Nomination
Committee also proposed the election of Mike Parton as Chairman of the Board of
Directors. Vigo Carlund and Pelle Törnberg have informed the Nomination
Committee of their wish not to seek re-election at the Annual General Meeting on
May 17, 2010.

Mike Parton has acted as Vice Chairman of the Board of Directors during the last
year. Mr Parton has been a member of the Board of Tele2 since 2007, during which
he has served on the Audit Committee. Mr. Parton is currently Chairman, CEO, and
significant shareholder of Damovo Group Ltd. Damovo Group is a privately owned
international ITC systems integration and support business. Damovo was
previously Ericsson's worldwide Enterprise Sales and Service business and is
being transformed from a PBX based business to a full range unified
communications company, providing data, voice and desktop based solutions to its
customers.

Prior to his role with Damovo, Mike Parton spent 20 years working for
telecommunication equipment suppliers, finally as CEO of Marconi plc. In this
role, he managed the successful refinancing and operational restructuring
through which Marconi became a profitable transmission and access equipment
vendor, and eventually sold to Ericsson during the industry consolidation.

Vigo Carlund has served on the Board of Tele2 for 15 years and most recently as
Chairman since May 2006. He was instrumental in redefining Tele2's strategy in
2006 and has led the realignment and implementation of the strategic priorities
the company pursues today.

Cristina Stenbeck, Chairman of the Nomination Committee commented:

"One of the key focus areas of the Nomination Committee has been securing a
succession plan across key Board positions in preparation for the day that Vigo
would step down as Chairman. On behalf of the shareholders and the Nomination
Committee, I would like to thank Vigo for his extraordinary contribution to
Tele2 and his commitment to the long-term positive development of the business.

Through our annual evaluation process, Tele2's Directors have conveyed each year
their appreciation of Vigo's straightforward leadership style, and constructive
tone in the Boardroom. The Board members applaud his steady focus on the key
drivers for the business and find that his consistent support on the challenging
issues has made all the difference to effective decision- making. Vigo has
served Tele2's shareholders well and has helped to create significant
shareholder value during his extended tenure as Chairman and for that we thank
him.


It is fortunate that Vigo will continue to serve as a central figure on the
Kinnevik Board, and lead Korsnäs into its next phase of productivity and
profitability as Chairman of its Board."

Mike Parton commented: "Vigo has been a transformational chairman for Tele2.
During his time, the company has focused on and grown key markets, successfully
disposed of non-core assets, strengthened the balance sheet and significantly
improved its financial performance. Quite an act to follow, and I look forward
to accepting the challenge."

The proposed new directors Lars Berg and Erik Mitteregger add a further
dimension of financial expertise and operational telecom experience to the
current Board composition. Lars Berg has been non-executive Chairman of Eniro
since 2003 and was a Board Director of Eniro from 2000 to 2003 before becoming
Chairman. He has been Chairman of Net Insight since 2001 and a director since
2000. He has also served as a non-executive Director of Ratos since 2000 and
KPN/ OnePhone since 2009. Lars Berg spent his earlier career in several key
executive positions within Ericsson. Between 1994 and 1999, Lars Berg was CEO of
Telia Group and President of Telia AB. In 1999, Lars Berg joined the Executive
Board of Mannesmann in Germany, responsible for Mannesmann Telecommunications.
From 2000 to 2006, Lars Berg was a Board Director of Telefonica Moviles.

Erik Mitteregger has been a director of the Board of Investment AB Kinnevik
since 2004. He also serves as Chairman of the Board of Wise Group AB and a
director of the Board of Firefly AB and Metro International S.A. since 2009. Mr
Mitteregger was a founding partner and fund manager at Brummer & Partners
Kapitalförvaltning AB from 1995 to 2002. Since then, Erik has served as a
director or chairman of several businesses in which he has held a significant
ownership interest and contributed to their development from the board level.

Cristina Stenbeck, Chairman of the Nomination Committee, commented: "It is
always a pleasure to identify and recruit such talented and qualified directors
as Lars Berg and Erik Mitteregger to join the Board of Tele2. Lars has a strong
background in the telecom services and telecom equipment industries, which
provides him with valuable insight into key elements of the value chain of a
leading operator like Tele2. Meanwhile, Erik has a long successful career within
the financial markets beginning with equity research and fund management to a
more recent entrepreneurial approach to managing businesses where he has a
significant ownership stake. Both Lars and Erik bring valuable and highly
relevant expertise that stand to benefit Tele2 and the important strategic
dialogue at the Board level."

The Nomination Committee's complete proposal to the Annual Meeting is published
in today's notice to the Annual General Meeting.

The Nomination Committee is comprised of Cristina Stenbeck on behalf of
Investment AB Kinnevik, Åsa Nisell on behalf of Swedbank Robur Funds, Peter
Lindell on behalf of AMF Pension and Ramsay Brufer on behalf of Alecta.
Information about the work of the Nomination Committee can be found on Tele2's
corporate website at www.tele2.com <http://www.tele2.com/>

Contacts

Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79
Pernilla Oldmark, Press Inquiries, Telephone: +46 704 26 45 45


TELE2 IS ONE OF EUROPE'S LEADING TELECOM OPERATORS, ALWAYS PROVIDING THE BEST
DEAL. We have 27 million customers in 11 countries. Tele2 offers mobile
services, fixed broadband and telephony, data network services, cable TV and
content services. Ever since Jan Stenbeck founded the company in 1993, it has
been a tough challenger to the former government monopolies and other
established providers. Tele2 has been listed on the NASDAQ OMX Stockholm since
1996. In 2009, we had net sales of SEK 39.3 billion and reported an operating
profit (EBITDA) of SEK 9.2 billion.


[HUG#1403912]


Attachments

Press release.pdf