Regulatoriskt pressmeddelande

TEL: TRADE BY PRIMARY INSIDER

On 29 April, Sigvart Voss Eriksen, Executive Vice President and a primary
insider of Telenor ASA, acquired 1,500 shares at NOK 151.30 per share. Updated
shareholding after the transaction is 12,420 shares.

This information is subject to disclosure obligations pursuant to the EU Market
Regulation, cf. section 3-1 in the Norwegian Securities Trading Act, and section
5-12 of the Norwegian Securities Trading Act.