Page 1 Tigo – 22 years in Paraguay London, November 6 th 2014.

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Page 1 Tigo – 22 years in Paraguay London, November 6 th 2014

Page 2 Part of the Millicom group 22 years in Paraguay #1 foreign investor, #2 tax payer 55% mobile market share, most advanced cable operation 35% of customers with mobile money Developed first TV channel of PY Sports 70% of point of sales in PY distribute Tigo USD 1 billion of CAPEX since 1992, USD 120 million in 2014, 130 million expected in 2015 Great place to work, exports Paraguayan talents worldwide Tigo in Paraguay

Page 3 Long term commitment is rewarded Trust and relationships are key Alignment with development objectives Highest integrity standards Transparency – in challenges & opportunities Good corporate citizen Innovation at the core Passion for progress Developing market talents Doing business in Paraguay – being part of the ecosystem

Page 4 Sustained Growth: More than USD million of accumulated Revenue Accelerated Investment: More than USD million of accum. Capex + Opex Be part of the ecosystem: More than USD 500 million of accumulated Taxes, financial inclusion, local communities Innovation: Technology & products Our plans for Paraguay 5 years – 2018:

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