Trade by primary insider

Jørgen C. Arentz Rostrup, Chief Financial Officer of Telenor
Group, has on 4 May 2017 acquired 3,500 Telenor shares at
NOK 137.15 per share. The transaction has been made through
Roccasio a.s., which is 100% owned by Mr. Rostrup. After the
transaction, Jørgen C. Arentz Rostrup (incl. related
parties) holds 7,057 shares in Telenor.