Telenor ASA - Issuance of Commercial Paper

Telenor ASA has issued a commercial paper of NOK 700,000,000. Start date: 18 May 2018 Maturity: 17 August 2018 Coupon: 1.10% Organised by: DNB Markets For further information, please contact Frode Borhaug, Telenor ASA, phone +47 91638645 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.