Trades by primary insiders

Pursuant to a new share programme for employees the
following primary insiders in Telenor ASA have
acquired shares at NOK 74.00, closing price on 12
February 2010.

Number of shares acquired / Holdings after the
transaction (including related parties):

- Jon Fredrik Baksaas 2,594 /121,704
- Sigve Brekke 1,283 / 22,860
- Jan Edvard Thygesen 1,432 / 98,813
- Morten Karlsen Sørby 1,567 / 33,742
- Bjørn Magnus Kopperud 1,108 / 35,650
- Ragnar Korsæth 972 / 23,300
- Hilde Tonne 972 / 13,218
- Bjørn Andre Anderssen 177 / 1,501
- Wenche Aanestad 197 / 4,102
- Helge Enger 139 / 6,338
- Pål Wien Espen 1,118 / 13,156
- Knut Giske 824 / 10,634