Work of the Board of Directors 2007

The Board of Directors held nine ordinary meetings during 2007 as well as four extra meetings.

In addition to following up on the day-to-day business of the Group, the Board of Directors paid special attention to:

• Value-creating strategic options
• Target definition for the operations
• Investments in Eurasia, including Russia and Turkey
• Internal control over financial reporting
• Restructuring of the Group's organization
• Capital structure
• Company acquisitions
• Remuneration issues

The Board of Directors applied a systematic and structured evaluation to its internal work, also with the assistance of external consultants - Active Owner Partners AB. The result of this evaluation was reported to the Nomination Committee. TeliaSonera's General Councel Jan Henrik Ahrnell served as secretary at the Borad's and its committees' meetings.