Acquisition of Millicom’s Russian assets by Tele2 AB (SE) — SEK 850 million

Carnegie acted as financial adviser to Tele2 AB, in the acquisition of Millicom’s Russian cellular telephony assets. Tele2 AB, formed in 1993, is the leading alternative pan-European telecommunications company offering fixed and mobile telephony, data network and Internet services under the brands Tele2, Tango and Comviq to 13.7 million people in 21 countries.November, 2001.