TDC A/S: Ascom Division TDC Buys Ascom Business Communications Division in Switzerland COPENHAGEN, Denmark, May 31 /PRNewswire-FirstCall/ -- TDC buys Ascom business communication division, an important Swiss provider of LAN services and infrastructure to companies, for a price of DKK 161m[1]. Ascoms business communications division will be acquired through a net asset deal. The acquisition of Ascoms business communication division will strengthen TDC's position in the rapidly expanding market for IP communications solutions as well as complementing and supporting TDC Switzerland's service towards Swiss corporate customers' with a need for IP/LAN solutions. Closing of the acquisition is subject to certain conditions, most notably approval of the Swiss competition authorities and consent of certain major customers. For further information please contact TDC Investor Relations at +45 3343 7680. [1] Using a CHF/DKK rate of 4.80. TDC A/S Noerregade 21 0900 Copenhagen C DK-Denmark http://www.tdc.com/ DATASOURCE: TDC A/S CONTACT: TDC Investor Relations: +45-3343-7680 Web Site: http://www.tdc.com/

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