Disclaimer

Annual review 2005
The Annual Review is a summary of Telenor information for the year 2005. It is not a legal Annual Report and is not audited. Telenor´s Annual Report 2005 is audited and signed by the Group´s auditor.

Annual report 2005
While Telenor's formal annual report for 2005 is the print version, this electronic version of the annual report contains all the information found in the printed edition including information on Telenor's services and other aspects of the company. An issue of the printed document is also available electronically in pdf-format.

The reports contain statements regarding the future prospects of Telenor, involving growth initiatives, profit figures, strategies and objectives. The risks and uncertainties inherent in all statements regarding the future can lead to actual profits and development deviating substantially from what has been expressed or implied. The risk factors associated with Telenor’s business activities are also described in form 20-F, which has been submitted to the Securities and Exchange Commission (available on: www.telenor.com/ir/annual_reports).

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