Primary insider trading

The following primary insiders in Telenor ASA have
on 19 August 2010 acquired Telenor shares in
connection with a long-term incentive programme at
share price of NOK 93.33.
________________________________________
Acquired shares/updated shareholding (including
related parties):

- Jon Fredrik Baksaas, President & CEO
7,068/148,772
- Jan Edvard Thygesen, Executive Vice President
3,953/102,766
- Sigve Brekke, Executive Vice President
3,601/46,461
- Kristin Skogen Lund, Executive Vice President
3,468/3,468
- Morten Karlsen Sørby, Executive Vice President
4,092/39,834
- Richard Olav Aa, Executive Vice President
3,468/3,468
- Bjørn Magnus Kopperud, Executive Vice President
2,983/38,633
- Hilde M. Tonne, Executive Vice President
2,028/17,546
- Ragnar H. Korsæth, Senior Vice President
2,134/31,888
- Pål Wien Espen, Group Legal Director
2,316/21,926
- Knut Giske, Group Controller
1,327/11,961