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Changes to Tele Danmark's Board of Directors.


COPENHAGEN, Denmark--(BUSINESS WIRE)--Oct. 29, 1999--

Tele Danmark A/S (NYSE NYSE

See: New York Stock Exchange
: TLD (Top Level Domain) The highest level domain category in the Internet domain naming system. There are two types: the generic top level domains (gTLDs) such as .com, .org, and .net, and the country codes, such as .ca, .uk and .jp. See gTLD and Internet domain name. ), the Danish telecommunications services group, today announced that the Tele Danmark Board of Directors was informed at a recent meeting that Deborah Lenart wished to resign from her position as member of the Board of Directors of the Company.

In connection herewith the Board has decided to call for an Extraordinary General Meeting to be held on December 10, 1999 for the election of new members to the Board of Directors of Tele Danmark.

The change in the composition of the Board of Directors must be viewed against the backdrop of the consummation of the merger between SBC and Ameritech.

Notice of the Extraordinary General Meeting will be announced no later than 8 days prior to the meeting.

Tele Danmark is the principal provider of a full range of telecommunications services in Denmark and holds significant interests in a range of telecom companies across Northern and Continental Europe. Domestic activities include landline and cellular telephone services, data communications, Internet, leased lines, cable television and directory services. The Company was privatized in 1994 and today Ameritech owns 42% of the shares, with the remaining shares held by individual and institutional shareowners all over the world.

TLD Listings Shares: Copenhagen Stock Exchange Copenhagen Stock Exchange

The only securities exchange in Denmark. It features electronic trading of stocks, bonds, futures, and options.
. Reuters TLD.CO. Bloomberg TLD DC. Nominal value DKK DKK

In currencies, this is the abbreviation for the Danish Krone.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 5. ISIN DK00-1020242-3. SEDOL 4889874.

ADRs: New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 One ADR represents half of one ordinary share Reuters TLD.N. Bloomberg TLD US. SEC 1-12998. Half of one ordinary share. CUSIP CUSIP

See: Committee on Uniform Securities Identification Procedures


CUSIP

See Committee on Uniform Securities Identification Procedures.
 879242105. SEDOL 2883094.
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Article Details
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Publication:Business Wire
Geographic Code:4EUDE
Date:Oct 29, 1999
Words:257
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