Financial summary for the quarters ended September 30, 2005 and 2004

Sept 30 Sept 30 Change

2005 2004(iv)

Worldwide

subscribers 6,409,231 4,737,721 35%

- proportional 7,912,539 6,853,233 15%

cellular (ii)

- total cellular (i)

US$ '000

Revenues 261,231 235,872 11%

Operating profit 110,826 117,594 -6%

before interest,

taxes, depreciation

and amortization -

EBITDA(iii)

EBITDA margin 42.4% 49.9%

Profit for the 533 12,188

period(iv)

Basic earnings 0.01 0.14

per common share

(US$)(iv)

Diluted earnings 0.01 0.14

per common share

(US$)(iv)

Weighted average 98,884 89,230

number of shares

(thousands)

Weighted average

number of shares 99,721 89,821

and potential

dilutive shares

(thousands)

- (i) Subscriber figures represent the worldwide total number of subscribers of cellular systems in which Millicom has an ownership interest.

- (ii) Proportional subscribers are calculated as the sum of Millicom's percentage ownership of subscribers in each operation.

- (iii) EBITDA: operating profit before interest, taxation, depreciation and amortization, is derived by deducting cost of sales, sales and marketing costs, general and administrative expenses from revenues and other operating income

- (iv) Comparative information restated as a result of the adoption of IFRS 2, "Share-based Payment"