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Millicom International Cellular: Capital Markets Day 2009

08:13 EDT Tuesday, October 27, 2009

NEW YORK & STOCKHOLM (Business Wire) -- Millicom International Cellular S.A. (“Millicom”) (NASDAQ:MICC) (STO:MIC) is today holding its 5th Annual Capital Markets Day in Miami.

The theme of the event is ‘Leaders in Innovation'. During the day, Millicom will highlight growth opportunities for the Group, with a particular emphasis on the development of VAS and its approach to innovation. The event will also demonstrate our management capability across the business and provide detailed operational insights.

The presentations will be webcast live at www.millicom.com from 8.30am (New York), 12.30pm (London), 1.30pm (Stockholm) and will be accessible on-demand once the event has been concluded.

Millicom International Cellular S.A., Luxembourg

Visit our web site at http://www.millicom.com

Millicom International Cellular S.A. is a global telecommunications group with mobile telephony operations in 15 countries in Asia, Latin America and Africa. It also operates cable and broadband businesses in five countries in Central America. The Group's mobile operations have a combined population under license of approximately 287 million people.

This press release may contain certain “forward-looking statements” with respect to Millicom's expectations and plans, strategy, management's objectives, future performance, costs, revenues, earnings and other trend information. It is important to note that Millicom's actual results in the future could differ materially from those anticipated in forward-looking statements depending on various important factors. Please refer to the documents that Millicom has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Millicom's most recent annual report on Form 20-F, for a discussion of certain of these factors.

All forward-looking statements in this press release are based on information available to Millicom on the date hereof. All written or oral forward-looking statements attributable to Millicom International Cellular S.A., any Millicom International Cellular S.A. employees or representatives acting on Millicom's behalf are expressly qualified in their entirety by the factors referred to above. Millicom does not intend to update these forward-looking statements.

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