Telefonaktiebolaget LM Ericsson (publ) Euro Medium Term Note Programme Indicative Terms and Conditions Fixed Rate Notes 20 June 2007 Indicative Terms and Conditions of the Notes Issuer Telefonaktiebolaget LM Ericsson (publ) Form of Debt Senior-unsecured, unsubordinated Rating Baa1 stable/BBB+ stable (Moody’s/S&P) Dealers Citi, Goldman Sachs International, JP Morgan Nominal Amount EUR 500,000,000 Trade Date 20 June 2007 Issue Date 27 June 2007 Maturity Date 27 June 2017 Re-offer Yield 5.431% Coupon 5.375 % (annually in arrears, act/act (ICMA)) Issue Price 99.576% 10-year Mid-Swap 4.911% Spread to Mid-swaps 52bp Bund Price 93.2725% – Bund yield of 4.635% (DBR 3.75% 2017 Bund) Spread to Benchmark 79.6 bp Payment Dates Redemption Annually on 27 June (1st coupon date 27 June 2008) 100.00% Business Days London, TARGET Listing London (Regulated Market) Denominations EUR 50,000 (EUR1,000 increments there after) Documentation EMTN Programme Settlement Euroclear and Clearstream Fee 0.325% Proceeds to Issuer 99.251% ISIN XS0307504547