Jan 22 (Reuters) - Telenor ASA TEL.OL:
TELENOR SELLS OWNERSHIP IN TRUE CORPORATION
TELENOR - TO SELL TRUE CORPORATION STAKE FOR NOK 39 BILLION
TELENOR - TO SELL 24.95% TRUE SHARES AT THB 11.70 PER SHARE
TELENOR - PROCEEDS FROM SALE OF 24.95 PERCENT OF SALE IN TRUE WILL BE THB 100.9 BILLION
TELENOR - TELENOR WILL RECOGNISE AN ACCOUNTING GAIN OF APPROXIMATELY NOK 14.7 BILLION (ASSUMING CURRENT EXCHANGE RATES) AT CLOSING OF INITIAL SALE.
:TELENOR - TO SELL TRUE CORPORATION STAKE FOR NOK 39 BILLION
Source text: ID:nObiJMRtNa
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