TDC: Use of Get disposal proceeds

We are reviewing our current capital structure and the governing documents related to the outstanding debt of TDC and our indirect parent company, DKT Finance, along with applicable law, including the Danish Companies Act, and we will apply the remaining proceeds of approx. DKK 2bn (equivalent) in accordance with the terms thereof. We expect to make a final determination of the application of such proceeds during Q4 2018 or Q1 2019.

Any sales proceeds not applied towards debt reductions at the level of TDC or DKT Finance may be applied for reinvestment in TDC Group's Danish activities and other general corporate purposes.

For inquiries regarding the above please contact TDC Group Investor Relations, on +45 6663 7680 or [email protected].

Attachment

• Release 66 - Use of Get disposal proceeds