New Chairman Of The Board Elected

NEW YORK and STOCKHOLM, Sweden, May 26, 2010 (GLOBE NEWSWIRE) -- Millicom International Cellular S.A. ("Millicom") (Nasdaq:MICC) (Stockholm:MIC) today announces that, at a meeting of the Board of Directors following the AGM on 25 May 2010, Mr. Allen Sangines-Krause was elected Chairman and Mr. Daniel Johannesson was elected Vice Chairman of the Board, in accordance with the proposals of the Nominations Committee. Mr. Michel Massart was elected Chairman of the Audit Committee.

Mr. Allen Sangines-Krause, Chairman of the Board, said: "On behalf of the Board and management team of Millicom, I would like to thank Mr. Daniel Johannesson for his six years of service as Chairman of the Board, during which time the business has become a major force in emerging markets mobile telecoms. I am delighted that he is continuing to contribute to the oversight of the Company as a Non-Executive Board member and Vice Chairman and I will value his support and wealth of experience, together with that of my other fellow Board members, as I take on the Chairmanship of Millicom as the business moves into its next phase of growth."

About Millicom

Millicom International Cellular S.A. is a global telecommunications group with mobile telephony operations in 14 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 266 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.