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Sverige - 19 november 2004

Ericsson selected by 3 as network supplier in Scandinavia

3G operator 3 has awarded Ericsson an extension to their frame agreement to deliver core, radio, transmission equipment and related services in Sweden, Denmark, and Norway, with option for Finland. The estimated value of the agreement, running till December 2007, is up to BSEK 2.55.

3 has successfully and proactively launched 3G in Sweden and Denmark. With an innovative approach to services, content and packaging, 3 had already by August 19th close to 200.000 subscribers in their network. Ericsson has been 3's strategic partner from the very beginning and has delivered their complete core and radio networks in the two countries. This partnership has now been prolonged by the frame agreement for Scandinavia.

"We are proud to continue the co-operation with Ericsson, strengthening their leadership position in the exciting 3G world. We believe it is our duty as good corporate citizens of Sweden to contribute to its prosperity, and this agreement will even further enhance the possibilities of 3s customers in Sweden and in Scandinavia as a whole", said Shlomo Liran, CEO at 3.

"We are very enthusiastic about our future co-operation with 3 in Scandinavia. This agreement shows how Ericsson drives the future of telecommunications, collaborating with customers and sharing cross-border experiences. We look forward to creating new end-user possibilities on mobile broadband and other application areas together with 3", said Steinar Tveit, President of Market Unit Ericsson Nordic & Baltics.

FOR FURTHER INFORMATION, PLEASE CONTACT

Shlomo Liran, CEO 3, Phone: +46 735-33 71 54

Ole Selchau, Manager External Relations, Ericsson Nordic & Baltics
Phone: +45 33 88 32 49, E-mail: ole.selchau@ericsson.com

About 3:
"Did you know that 3 has 88% 3G-coverage in Sweden, 97% coverage i all larger cities, and 95% GSM coverage in the whole of Sweden? "
For more info on coverage, please visit: http://www.tre.se/täckning

3 is the first company that offers mobile video communication in Sweden and Denmark. In Scandinavia 3 is owned by Hutchison Whampoa (60%) and Investor (40%). Both companies have large international networks and world leading industrial and technological experience. Through Hutchison Whampoa, 3 is world leading in mobile video communication, with 3G-licenses in Australia, Austria, Denmark, Hong Kong, Ireland, Israel, Italy, Norway, Sweden and the United Kingdom.
Please visit us at www.tre.se

About Ericsson:
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.