Telenor Satellite Services Extends High-Speed on Demand Maritime Service Globally.

Company Now Offers Worldwide 128 kbps Service at Sea

OSLO, Norway & ROCKVILLE, Md. -- Telenor Satellite Services, a subsidiary of Telenor of Norway (Oslo Stock Exchange:TEL and Nasdaq:TELN), today announced that it now offers high-speed 128 kbps maritime satellite communications service globally.

Telenor has added Pacific Ocean coverage to its existing Fleet F77 128 kbps service in the Atlantic and Indian Ocean regions. The service is terminated at the company's Pacific Ocean teleport in Santa Paula, California.

The Fleet F77 128 kbps service operates over the Inmarsat satellite system and uses Fleet F77 hardware while virtually doubling the data speed normally available associated with the service. The Fleet service and hardware, commercially available since 2002, is currently used by many large vessels such as merchant ships, oil and energy transport ships, cruise liners and ferries, and super yachts.

The enhanced global service uses a dedicated 128 kbps channel and arms ship owners and ship captains with a powerful communications solution designed to meet the varied communications and data requirements of the maritime industry. The extended service provides users at sea with a single, integrated satellite terminal that delivers mobile 128 kbps ISDN data and mobile packet data service, as well as high-quality telephony and fax services. The service also meets requirements of the Global Maritime Distress and Safety System (GMDSS) enabling pre-emption and prioritization of voice calls over low priority voice and data traffic.

"Telenor is consistently at the forefront of offering enhanced services and new applications to meet the business communications requirements of the global maritime industry," said Anders Kallerud, executive vice president for Telenor Satellite Services. "Telenor's 128 kbps service makes a real difference in the way vessels are able to use data and manage operations 'at sea.' The service affords ships the capability to be an active node on the corporate network regardless of their location."

Telenor's global Fleet F77 128 kbps service enables:

-- Fast remote network access

-- Fast access IP (Internet Protocol) services via ISDN dial-up
   networks

-- Improved on board ship solutions, including:

     -- video conferencing

     -- e-mail and data communications

     -- ship management applications

     -- on-line chart updates and weather information

     -- vessel telemetry

Telenor Satellite Services began offering maritime 128 kbps service in the Atlantic and Indian Ocean regions in 2005 from its teleport in Norway.

About Telenor:

Headquartered in Oslo, Norway, Telenor is an international provider of high quality telecommunications, data and media communication services. Telenor is one of Norway's largest companies with 2005 revenues of approx NOK 68.9 billion (approximately US $10.1 billion) and a workforce of 20,900 located in Norway and abroad. Telenor is listed on the Oslo Stock Exchange (TEL) and NASDAQ in New York (TELN).

Telenor Satellite Services is the world's preferred provider of global communications solutions via satellite for customers on land, at sea, and in flight. Telenor offers an expanded product portfolio of broadband satellite solutions and on-demand services enabling customers to meet their global communications requirements. The company also features an innovative menu of value-added services, including The Source[R] and My Source[TM] online account management tools, available exclusively to Telenor Service Providers and their Telenor customers. Telenor Satellite Services owns and operates a worldwide network of teleports and communications facilities located throughout Europe and the United States that offer access to multiple global and regional satellite systems. Telenor Satellite Services Web site is: www.telenor.com/satellite.