Telenor signe un accord de communication avec Neste Oil; d'une dur?e de trois ans, le contrat pr?voit des services de large bande maritime pour la flotte de navires-citernes de Neste

Telenor Signs Communications Agreement with Neste Oil; Three-Year Pact Includes Maritime Broadband Services for Neste Shipping Tanker Fleet

Business Editors/Technology Writers

OSLO, Norway & ROCKVILLE, Md.--(BUSINESS WIRE)--June 7, 2005--Telenor Satellite Services, a subsidiary of Telenor of Norway (Oslo Stock Exchange:TEL and NASDAQ:TELN), today announced that it has signed a three-year communication agreement with Neste Oil Corporation of Helsinki, Finland for maritime broadband services

Under the terms of the contract, Telenor will provide Sealink Ku-Band services onboard 11 tankers with all vessels scheduled to have Sealink service by August of this year.

Sealink's Ku-Band service provides Neste Shipping with high-speed data communications coverage throughout Western Europe

Offering maritime broadband communications at speeds of up to 2 megabits per second, Telenor's Sealink service enables efficient and cost-effective 'at sea' communications for ship operations including Internet access, video conferencing, e-mails, faxes, and telephone calling

The Sealink system offers one of the industry's most advanced shipboard satellite communications solutions available today, complete with the highest reliability for maritime Very Small Aperture Terminal (VSAT) communications

"With two decades of experience in providing broadband services to the maritime industry, Telenor has the knowledge and technology to bring the most advanced communications applications to Neste Shipping," said Pal Jensen, vice president of Telenor Satellite Services.

"The Sealink systems now being installed aboard these tankers give Neste Shipping the ability to extend its corporate communications network to each of these 11 vessels." Telenor is one of the world's largest providers of broadband services at sea, with more than 350 systems operating on ships around the world

Neste Oil Corporation is a leading independent northern European oil refining and marketing company.

Neste Oil focuses on high-quality traffic fuels and other high value-added petroleum products with reduced environmental impact.

Neste Oil had net sales of EUR 7,909 million for the year ended December 31, 2004 and has more than 4,250 employees

CONTACT:

Telenor Satellite Services In the U.S.:

Tom Surface, 301-838-7805

[email protected]

or In Norway:

Ms. Eunike Ditlefsen, +47 90 92 35 56

[email protected]

KEYWORD: MARYLAND NORWAY FINLAND INTERNATIONAL EUROPE

INDUSTRY KEYWORD: TRANSPORTATION TELECOMMUNICATIONS NETWORKING INTERNET E-COMMERCE MARKETING AGREEMENTS

SOURCE: Telenor Satellite Services