Mandate

Telenor increases its ownership portion in Glocalnet

July 20, 2006

Telenor ASA, through its wholly-owned Swedish subsidiary TBS Infrastructure AB, is making a public offer to the shareholders and owners of subscription options issued by Glocalnet AB to transfer their shares and subscription options to Telenor. The offer is being put forth in accordance with the mandatory bid rules of the Swedish Industry and Commerce Stock Exchange Committee regarding public offers to acquire shares.

Vinge acted as advisor to Glocalnet, and representatives from Vinge included Johan Winnerblad and Pontus Enquist.

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The agreement covers a total amount of SEK 1 billion and creates conditions for significantly increased lending capacity. The agreement has been structured in accordance with the EU Securitisation Regulation and enables qualified loans to be continuously transferred to a special purpose vehicle within the SBP group.
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Vinge has advised Northmill Group AB in connection with the issuance of tier 2 capital bonds (T2)

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Vinge advises IK Partners and Francks Kylindustri in connection with the acquisition of Helsingborgs Kylteknik

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