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14/11-2017 17:15:35: (TEL) Share buyback

Telenor has on 14 November 2017 purchased 41,158 own shares at an average price
of NOK 174.77 per share. After this transaction, Telenor owns a total of
6,531,403 own shares.

The transaction is part of the share buyback programme announced by Telenor on
17 July 2017. The buyback programme comprises up to 30 million shares, of which
some 13.8 million shares will be repurchased in the market. The rest will be
purchased from the Kingdom of Norway through the Ministry of Trade, Industry and
Fisheries on a proportionate basis, so that the Ministry's current ownership
interest in Telenor of 53.97 % will remain unaffected.

For further information about the share buyback programme Telenor refers to the
Oslo Stock Exchange notifications made on 17 July and 30 August 2017 (available
from www.newsweb.no).

Ekstern link: http://www.newsweb.no/index.jsp?messageId=438695

Nyheten er levert av OBI.

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fredag 17/11-2017 22:11:58