Updates

Telenor Wins Award for 2005 Maritime Sales Performance

OSLO, Norway and ROCKVILLE, Maryland - Telenor Satellite Services was officially recognized by satellite operator Inmarsat for best overall sales performance for Fleet services in 2005.

Through its global network of more than 300 service providers, Telenor sales of Fleet services increased by 79 percent over the past 12 months.

In accepting the award from Inmarsat, Telenor Vice President for Sales Anders Kallerud credited the marked growth of maritime sales to the marketing and sales efforts of Telenor's network of service providers. "It is the hard work and exceptional customer care offered by our service providers to their maritime customers that has led to this record increase of Telenor Fleet sales," Kallerud said.

The Inmarsat Fleet family of services via Telenor provides high-quality mobile voice and flexible data communications services, e-mail and secure Internet access for the maritime industry. Fleet services are designed for a full range of vessels at sea - from ocean-going ships to coastal fishing trawlers and recreational boaters.

Telenor Satellite Services is a subsidiary of Norwegian telecommunications corporation Telenor ASA, listed on the Oslo Stock Exchange (TEL) and NASDAQ (TELN).

For press information contact: Mr. Tom Surface, Director, Media & Public Relations Phone: (301) 838-7805 E-mail: thomas.surface@telenor-usa.com

Telenor Satellite Services is the world's preferred provider of global communications via satellite for customers on land, at sea, and in flight. Telenor's expanded product portfolio offers broadband satellite solutions, on demand services, and an innovative menu of value-added services capable of meeting communications requirements of users around the globe. Telenor also offers The Source®, a Web-based account management system available exclusively to Telenor Service Providers. Telenor Satellite Services owns and operates a global network of teleports located at Eik (Norway) and Southbury (Connecticut) and Santa Paula (California) in the United States, and operates VSAT hubs at facilities in Nittedal (Norway) and Prague (Czech Rep). The company uses the satellite systems of Inmarsat, Intelsat, Iridium, New Skies, Satmex, Spacecom, Thuraya and Telenor's own satellites for its services. Telenor Satellite Services Web site is: www..telenor.com/satellite.