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Total number of bonus shares

(Oslo, 5 December 2001)This notification has been sent to the Oslo Stock Exchange:

The total number of bonus shares allotted to private shareholders are 1,896,828. After the allotment, Telenor holds approx. 28.1 million own shares.

Contact:
Chief Press Spokesman Dag Melgaard, tel: (+47) 22 77 85 90 or (+47) 901 92 000