Trades by primary insiders

The following primary insiders in Telenor ASA have on 13
August 2015 acquired Telenor shares at a price of NOK
171.56 per share.

Acquired shares / total shareholding after transaction:

- Stein Halvor Nordbø: 47 / 3900
- Martin Furuseth: 120 / 3863

The transactions were made in connection with an employee
share purchase programme in Telenor.