Directed new share issue in Millicom International Cellular S.A. (LUX) — SEK 1.3 billion

Carnegie acted as joint lead manager to Millicom International Cellular in the company’s directed new share issue. Millicom International Cellular is listed on Nasdaq, Stockholm Stock Exchange and Luxembourg Stock Exchange. The company is a global telecommunications investor with cellular operations in Asia, Latin America and Africa.December, 2004.