Telenor Satellite Services Selects Fabio Alencar to Oversee Business Operations in Brazil; Alencar to Head Telenor America Comu

Telenor Satellite Services, a subsidiary of Telenor of
Norway (Oslo Stock Exchange: TEL and NASDAQ: TELN), today announced
the selection of Fabio Alencar to head Telenor Satellite Services'
Brazilian operations and to direct the company's channel sales efforts
for South America.
   With offices in Rio de Janeiro, Alencar now heads Telenor America
Latina Comunicacoes Por Satelite LTDA and will focus on expanding
Telenor sales of satellite communications services throughout Brazil
and South America.
   "Fabio Alencar brings more than 20 years of engineering,
managerial, sales and business development experience in Brazil's
satellite and telecommunications industries," said Bo Norton, vice
president of Channel Sales for the Americas for Telenor Satellite
Services. "He has demonstrated a tremendous working knowledge of
regulatory and licensing requirements and has a proven record of
success in building business operations throughout Brazil."
   Alencar has previously held engineering positions with Embratel,
and VICOM S.A., and has experience in business development and sales
with Globo Cabo S.A., Intelsat Brasil, Hispamar Satelites, and most
recently managed the Loterias da Caixa Network (national lottery
project) for Comsat International.

   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.