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Regulatory press release

TEL: Trade by primary insider

Telenor
Pieter Knook, member of the Board of Directors of Telenor ASA, has acquired
1,500 shares in the company in a transaction, the details of which is described
in the attached notification form. His updated shareholding after the
transaction is 1,500 shares.

This information is subject to disclosure obligations pursuant to the EU Market
Regulation, cf. section 3-1 in the Norwegian Securities Trading Act, and section
5-12 of the Norwegian Securities Trading Act.
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