To the editorial offices: Ref.: Press conference in Stockholm on Thursday 11 May at 11:00 CET.

An inaccurate invitation to a press conference, to be staged by one of Telenor's subsidiaries, was issued on Wednesday morning. The invitation text referred to "an agreement with a total value of several billion Swedish kroner". We can confirm that negotiations are ongoing between Telenor and a Nordic public-listed company relating to a contract with a potential turnover of more than SEK 2 billion during a period of ten years.