Press Release - Stockholm 2002-03-25

Hi3G has entered into agreement with Vattenfall on in placement of Hi3G's antennas and other equipment in Vattenfall's power poles and transformer stations.

- I am happy to announce yet another agreement on mast sharing for Hi3Gs 3G base stations. Our ambition is to give Sweden access to the new 3G infrastructure in a cost effective way, and with a minimum of environmental impact, says Jörgen Askeroth, CTO Hi3G. We aim to sign additional mast sharing agreements, Jörgen concludes.

- Through offering our current infrastructure in terms of masts, power poles and stations, we are able to offer very good placements of the 3G stations, says Bo Sörberg, Manager of Marketing, Vattenfall AB Elnät Sverige. This brings substantially less environmental impact and lower costs for the telecom operators compared to new localisation of masts.

The parties have agreed not to disclose the order values.

For more information please contact:

Niclas Lilja, Director Communications, Hi3G
Telephone: +46 (0) 7 33 55 70 90, e-mail: niclas.lilja@hi3gaccess.se
Jörgen Askeroth, CTO, Hi3G
Telephone: +46 (0) 7 33 55 70 30, e-mail: jorgen.askeroth@hi3gaccess.se
Bo Sörberg, Marknadschef, Vattenfall AB Elnät Sverige
Telephone: +46 (0) 7 515 79 25, e-mail: bo.sorberg@network.vattenfall.se

Hi3G's ambition is to become the leader in the Scandinavian 3G market. The company has Swedish and Danish 3G licences and will offer attractive and innovative mobile multimedia services. Being a pure 3G company with global reach makes Hi3G focused and strong. The company is owned by Hutchison Whampoa (60%) and Investor AB (40%), who both have solid networks and industry track records worldwide. Hi3G is building its customer offering together with other Hutchison Whampoa companies that hold 3G licences in Australia, Austria, Hong Kong, Israel, Italy, and the United Kingdom. Please stay in touch and visit www.hi3gaccess.se.
www.vattenfall.se