Presentation Of Telenor (OSL:TEL) 's Third Quarter Results 2008

Telenor (OSL:TEL) (Fornebu, 27 October 2008) Telenor will present its financial results for the third quarter 2008 on Wednesday 29 October 2008 at 09:00 hrs Norwegian time/CET. The presentation, which will also be broadcast live over the Internet, will be held in Auditorium A, Telenor Expo Visitor Centre at Fornebu near Oslo. The figures will be published on Telenor's website at 07:00 CET.

CEO Jon Fredrik Baksaas and CFO Trond Westlie will present the results. The presentation will be held in English.

Internet and mobile broadcast The press and analysts conference will be broadcast live over the Internet, and will also be available as a recording after the conference. The live service also allows for written questions to be submitted. In addition, the conference will be available live and as a recording on mobile phones with 3G, GPRS or EDGE. For more details please visit www.telenor.com/ir/reports/08q3.

Conference Call and Q&A You may also call in and listen to the presentation over the phone. This service allows you to ask questions at the Q&A session at the end of the presentation. For details, see www.telenor.com/ir/reports/08q3. To participate in the Conference Call please register before the conference starts by calling (+47) 800 80 119 (from Norway) or (+47) 23 00 04 00 (from Norway or abroad).

Material The quarterly report and English versions of the presentations will be made available on www.telenor.com/ir/reports/08q3.

Contacts:

Media: Head of Media & PR, Group Communications, Scott Engebrigtsen tel.: (+ 47) 90 04 34 84

Analysts and investors: Vice President IR Marianne Moe, tel..: (+47) 67 89 26 56 or (+47) 91 61 76 31 Vice President IR Dag Eide, tel.: (+47) 67 89 39 53 or (+47) 45 80 50 50

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Telenor

http://www.telenor.com

ISIN: NO0010063308

Stock Identifier: OSE.TEL

US: Nasdaq:TELN