-- YTD revenue flat and YTD gross profit down (-3.2%); Q3 YoY growths affected
by new EU data roaming regulation with full gross profit effect and
slowdown in low-margin terminal sales


-- Gross profit margin improved in Q3 (72.4%) compared to Q2 (70.6%)


-- YTD OPEX down (-5.8%) resulting in YTD EBITDA bpi only being down 1.0%;
flattish Q3 organic EBITDA growth


-- EFCF down by 27.6% YTD due to different timing of income taxes and capex as
well as a negative development in YTD NWC of DKK 449m; Q3 NWC down DKK 54m


-- Another strong quarter from the landline business with improved gross
profit decline (16% vs. Q2 2012), relatively low line loss (28k) and strong
broadband performance in Consumer and YouSee


-- YTD gross profit from mobility services down by 6.3%; deteriorated Q3
growth solely caused by EU data roaming regulation


-- Consumer mobile voice ARPU remains stabile for the second consecutive
quarter


-- Underlying strong mobile RGU development even with no participation in
promotional activities in Q3


-- TDC Sweden and TDC Hosting continues to fuel 9.7% Q3 YoY EBITDA bpi growth
in Nordic despite a strong Q3 2011


-- YouSee TV gross profit negatively impacted in Q3 by increased content costs
versus Q2 and the loss of two organized customers


-- Reaffirmed 2012 guidance including expected dividend


-- Continued build-out of a superior 4G network with 880 4G sites expected to
be in operation at the beginning of 2013, resulting in a 42% population
coverage across 800 and 2,600 MHz


-- Revised strategy for TDC 2013-15 to be presented at the Capital Markets Day
on 6 November 2012

TDC A/S
Teglholmsgade 3
0900 Copenhagen C
DK-Denmark
tdc.com

TDC_ER_Q3_2012_UK_v17a (final).pdf