TDC Divests Dan Net

EXHIBIT 99.1

TDC Divests ▇▇▇ Net

The sales price is EUR 160m (DKK 1.2bn) and in connection with the transaction TDC receives a dividend of EUR 21m (DKK 159m) from ▇▇▇ Net.

Copenhagen, Denmark - TDC has signed an agreement to divest ▇▇▇ Net A/S, a provider of inter-operator billing services for mobile and fixed telecommunications providers, electronic data interchange (EDI) and E-business solutions, to MACH S.a.r.l, which is owned by Advent International and Providence Equity Partners. After the close of the transaction, ▇▇▇ ▇▇▇ will be combined with MACH thereby creating a leading global provider of inter-operator billing services.

The sales price is EUR 160m (DKK 1.2bn) and in connection with the transaction TDC receives a dividend of EUR 21m (DKK 159m) from ▇▇▇ Net. TDC's gain after tax from the sale of the shares is estimated to be DKK 1.0bn, The transaction is subject to competition authorities' approval in several countries.

▇▇▇ Net was established in 1987 as a joint venture between IBM Danmark and KTAS, which later was merged into TDC. In 1999 TDC took 100% control of ▇▇▇ Net, when a 50% stake was bought from IBM for DKK 148m. Since 1999 revenues have grown from DKK 176m to DKK 381m in 2003 and EBITDA have grown from DKK 28m to DKK 150m.

▇▇▇ Net is 100% owned by TDC Solutions.

"We have focused TDC's business towards customer oriented communications solutions such as broadband, mobile and traditional telephony and as such the divesture of ▇▇▇ Net should be seen as an exit of an activity on the edge of TDC's core. In the 5 years we have had full control of ▇▇▇ ▇▇▇ we have developed the company further and the significant value creation of that effort is now materializing as we sell a well-managed and profitable business to MACH", says ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, President and CEO of TDC.

For further information please contact TDC Investor Relations at +45
3343 7680.

TDC A/S
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