[February 25, 2014]

Millicom International Cellular: Executive Change at Millicom

Millicom (News - Alert), the international telecommunications and media company (Stockholmsbörsen: MIC) today announced that Anders Nilsson, its Executive Vice-President of Commerce and Services, will be leaving the company to take up a new role as CEO of Com Hem (News - Alert), the Swedish cable company, at the end of March 2014.

Millicom's President and CEO, Hans-Holger Albrecht, commented "Congratulations to Anders on this appointment. I wish him well in this role. It is a great oportunity for him."

About Millicom

Millicom (STO:MIC) is a leading international telecommunications and media company dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing digital lifestyle services to the world's emerging markets, giving access to the world, primarily through mobile devices. Operating in 15 countries, Millicom offers innovative and customer-centric products. Millicom employs more than 10,000 people and provides mobile, cable, broadband, TV content, online and financial services to over 50 million customers. Founded in 1990, Millicom is headquartered in Luxembourg and listed on NASDAQ OMX Stockholm under the symbol MIC. In 2013 Millicom generated revenue of $5.16 billion and EBITDA of $1.9 billion.

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