Major Shareholdings
Here are the 20 largest shareholders of Telenor:
| Shareholders | Nominees | No. of shares 01/01/09 | Country | % of total 01/01/09 |
| The Government, by the Ministry of Trade and Industry | 894 683 140 | NOR | 53,97% | |
| J.P. Morgan Chase Bank Nordea Treaty Account | * | 79 632 267 | GBR | 4,80% |
| Folketrygdfondet | 73 399 461 | NOR | 4,43% | |
| J.P. Morgan Chase Bank 1449 Euro pac grth | * | 27 915 330 | USA | 1,68% |
| State Street Bank and Client Omnibus | * | 27 635 989 | USA | 1,67% |
| Bank of New York | * | 24 789 690 | USA | 1,50% |
| J.P. Morgan Chase Bank 4104 Capital World | * | 24 082 900 | USA | 1,45% |
| State Street Bank an A/C client fund number | * | 22 417 178 | USA | 1,35% |
| Clearstream Banking CID Dept, Frankfurt | * | 18 473 658 | LUX | 1,11% |
| UBS AG, LONDON BRANC S/A IPB segregated | * | 14 090 501 | GBR | 0,85% |
| J.P. Morgan Chase Bank omnibus lending account | * | 13 711 459 | GBR | 0,83% |
| HSBC Bank PLC S/A RE Gulf | 13 379 346 | ARE | 0,81% | |
| The Northern Thrust USL treaty account | * | 11 346 949 | GBR | 0,68% |
| J.P. Morgan Chase Bank | * | 10 183 041 | USA | 0,61% |
| Rasmussen Gruppen AS | * | 9 800 000 | NOR | 0,59% |
| Investors Bank & Trust Account | * | 9 673 650 | USA | 0,58% |
| RBC dexia investor client treaty account | * | 9 632 039 | GBR | 0,58% |
| Skandinaviska Enskilda A/C Treaty Account | * | 8 937 176 | SWE | 0,54% |
| Svenska Handelsbanken C/O Handelsbanken |
* | 8 081 468 | SWE | 0,49% |
| State Street Bank and Client Omnibus | * | 6 348 973 | USA | 0,38% |
| Total 20 largest | 1 308 214 215 | 78,91% | ||
| Others | 349 674 631 | 21,09% | ||
| Total shares | 1 657 888 846 | 100,00% | ||
| Total number of shareholders: | 41 916 | |||
| * Ministry of Trade and Industry (NHD) | ||||
Geographical distribution
Outstanding free floating shares as of Januray 1st 2009.
