Trades by primary insiders

The following primary insiders in Telenor ASA have on 15
February 2016 acquired Telenor shares in connection with an
employee share programme at a price of NOK 120.46 per share.

Acquired shares/updated shareholding (incl related parties):

- Wenche Agerup 863 / 863
- Sigve Brekke 1,959 / 107,246
- Jan Otto Eriksen 317 / 3,917
- Jørgen Finnby 224 / 789
- Michael Patrick Foley 978 / 1,649
- Ove Fredheim 682 / 17,371
- Brit Østby Fredriksen 401 / 8,973
- Petter-Børre Furberg 691 / 26,755
- Knut Giske 636 / 34,548
- Jesper Hansen 827 / 12,096
- Jon Erik Haug 823 / 15,835
- Patrik Eduard Hofbauer 1,134 / 14,867
- Christopher Laska 617 / 15,152
- Sharad Mehrotra 859 / 14,259
- Albern Murty 993 / 14,229
- Stein Halvor Nordbø 143 / 4,043
- Per Gunnar Salomonsen 229 / 929
- Åse Mathilde Beate Selfjord 55 / 145
- Rajeev Sethi 869 / 10,671
- Rita Skjærvik 365 / 479
- Vivek Sood 1,083 / 9,939
- Harald Stavn 195 / 6,027
- Berit Svendsen 217 / 31,967
- Morten Karlsen Sørby 1,178 / 82,890
- Vegard Thoresen 188 / 5,094