Press Releases

Conference on Honduras 2010 Set for Copán Ruinas in October

CONTACT: hondopost@yahoo.com

WASHINGTON, DC/July 21, 2010/projecthonduras.com/ -- The 11th annual Conference on Honduras will take place in Copán Ruinas during October 14-16, 2010 at the Municipal Conference Center beside the town's central plaza. The focus of the event will be education, healthcare, and community building. The aim was to present and exchange information on current and proposed grassroots volunteer projects to help the people of Honduras.

"We want to figure out how to improve and expand these projects, as well as encourage people to go out and create new projects," said the director of the conference, Marco Cáceres.

The Conference on Honduras series is the third part of projecthonduras.com's three-step strategic plan to build an alternative model of development for Honduras. During the past 12 years, the volunteer group has created an online portal at http://www.projecthonduras.com that serves as a clearinghouse of information on Honduras and has established a growing international network of people communicating via listserv forums on ways to help the country.

"We have more than 8,000 individuals in our Worldwide Honduras Network, and it's incredible to see the impact many of these private citizens are quietly making on Honduras," said Cáceres. "What we are trying to do with the conference is simply give people the chance to meet face-to-face, exchange business cards and information, and perhaps discover ways to complement each other's efforts."

The concept behind projecthonduras.com and the Conference on Honduras is based on the belief that developing countries like Honduras need to tap all of their "human capital"; around the world in order to break their cycles of poverty and find ways to implement solutions to persistent problems. The Internet now provides the ability to quickly and cost-effectively organize masses of people and channel their experience, talents, and expertise into specific areas of need in a country. For further information on the Conference on Honduras 2010, see http://www.projecthonduras.com/conference. The conference will be presented by projecthonduras.com and sponsored by Special Missions Foundation, Inc.

Dengue Warning for Honduras

CONTACT: +o11 (504) 238-5114, usahonduras@state.gov

TEGUCIGALPA/July 14, 2010/US State Department/ -- The US Embassy in Honduras informs American citizens residing in or visiting Honduras that the Honduran Ministry of Health has recorded over 17,620 cases of classic dengue and 594 of the hemorrhagic type. The disease has already claimed 21 lives in the country this year, 5 more cases are under investigation. The government reported that 85% of the hemorrhagic dengue cases were reported in the capital of Tegucigalpa. The government has initiated a massive fumigation effort in addition to public education outreach in order to contain the epidemic.

Dengue fever is caused by a virus, which is transmitted by the bite of an infected mosquito. Dengue cannot be spread directly from person to person. There is no vaccine to protect against infection and no treatment to stop an infection.

What are the classic symptoms of dengue?
The principle symptoms of classic dengue fever are: high fever (starting 3-14 days after bite and lasting less than 7 days); severe headache (especially behind the eyes); joint and muscle pain (especially in the lower back); bone pain (earning the name “break-bone fever”); and rash and mild bleeding (e.g., nose or gums bleed, easy bruising). Dengue hemorrhagic fever is characterized by symptoms consistent with classic dengue, however, when the fever declines, symptoms including persistent vomiting, severe abdominal pain, and difficulty breathing may develop. More severe symptoms may follow.

What is the treatment for dengue?
There is no medication for treatment of dengue infection. Persons who think they have dengue should use pain relievers with acetaminophen and avoid those containing any non-steroidal anti-inflammatory (NSAID), such as aspirin.

They should also rest, drink plenty of fluids, and consult a physician. If they feel worse (e.g., develop vomiting and severe abdominal pain) in the first 24 hours after the fever declines, they should go immediately to the hospital for evaluation.

What can be done to reduce the risk of acquiring dengue?
Persons should properly apply mosquito repellent containing 20% to 30% DEET. The American Academy of Pediatrics approves the use of repellents with up to 30% DEET on children over 2 months. If sunscreen is needed, apply before insect repellent. Persons should wear long sleeves and long pants for best coverage when outdoors. In addition, buildings should have window and door screens. The best defense against dengue is to eliminate the places where the mosquitoes lay their eggs, primarily artificial containers that hold water. Items that collect rainwater or are used to store water should be covered and properly discarded.

World Bank President Zoellick to Visit Central America, Mexico July 19-23

CONTACT: Sergio Jellinek +1 (202) 458-2841, sjellinek@worldbank.org

WASHINGTON, DC/July 16, 2010/World Bank/ -- Robert B. Zoellick will participate in a regional integration summit with Central American heads of state in El Salvador July 19-20 before visiting Mexico July 21-23 for talks with President Felipe Calderon and Mexican officials on a range of topics including the Bank's support for Mexico's growing leadership in the climate change debate.

"Central America is a region of tremendous opportunities. I look forward to learning more about Central America's efforts to deepen regional economic integration, and expand economic growth, while also discussing ways that the World Bank Group can support sustained growth with opportunities for all," said Zoellick. "I appreciate President Funes' leadership in hosting this regional integration summit. He's right to see each country's success through the lens of the region's success."

Latin America and the Caribbean is expected to post 4.5 percent growth in 2010, with Brazil leading the recovery with a projected 6.5 percent expansion on account of strong commodity demand. Mexico's growth is projected to rebound to 4.5 percent, marking the fastest growth pace in almost a decade, while Central American economies will post a 2.7 percent growth for 2010.

In El Salvador, July 19-20, Zoellick will meet with President Mauricio Funes to discuss the Bank's El Salvador program. Zoellick will participate in the the Extraordinary Summit of Heads of State of the Central American Integration System, a forum set up in response to President Funes' call for neighboring countries to jointly address their many common development challenges.

Zoellick, who in his former capacity as U.S. Trade Representative launched and negotiated the Central American Free Trade Agreement (CAFTA), stressed the importance of connecting regional integration with the private sector. To that end a special parallel Forum will take place with a broad participation from private sector groups and civil society. The Forum will be moderated by a representative from the INCAE Business School and will report back on its conclusions to the heads of state.

Summit attendees include heads of state and top officials from the Central American Integration System (SICA) comprised of Belize, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua and Panama.

The World Bank Group (WBG) supports Central America's development efforts through a diversified menu of programs, innovative financing and knowledge sharing adapted to the specific circumstances of each country, including disaster management. In fiscal year 2010, the World Bank provided US$859 million to support Central American economies in the aftermath of the global financial crisis.

In addition, the World Bank's private sector arm, the International Finance Corporation (IFC), has made investment commitments of US$406 million in fiscal year 2010, a five-fold increase from FY07 (US$77 million). IFC sees regional integration as a strategic objective. In FY10 alone, IFC provided a total ofUS$61 million to four Central American companies in the manufacturing, hotel,retail and insurance industries to support cross-border investments.

During his Mexico visit Zoellick will meet President Calderon to discuss the country's strategic partnership with the Bank and seek ways to deepen its support to Mexico's growing international role in climate change issues, especially in light of the upcoming United Nations climate change COP16 conference to be held in Cancun later this year. Zoellick will also participate in a forum on "Global Trends and Latin America" at the Instituto Tecnológico Autónomo de México (ITAM).

"Mexico is a leading voice on economic and development issues, and we appreciate the strong partnership the World Bank has with President Calderon and the Mexican people," said Zoellick. "Our work with Mexico on its low carbon growth strategies and our support to the Clean Technology Fund program to transform urban transportation in five cities shows the depth of this partnership on the critical issue of climate change."

Mexico has the second largest World Bank portfolio in Latin America. During FY10 (July 1, 2009 - June 30, 2010) the WB approved 9 projects for a total of US$6.4 billion in health, education, transport, energy, water and economic policies. IFC has invested US$1billion projects ranging from microfinance, housing and health and education and promotes infrastructure development, particularly water and renewable energy. Recently, IFC helped arrange the financing of US$375 million for Eurus in Mexico, the largest wind farm in Latin America (250MW).

Paramedics For Children Declares 2010 "Year of the Volunteer"

CONTACT: Rodger Harrison, +1 (704) 910-4308, rodgeratpfc@aol.com

CHARLOTTE, NORTH CAROLINA/July 16, 2010/Paramedics For Children/ -- Paramedics For Children (PFC) today declared 2010 as the "Year of the Volunteer". The non-profit organization which sponsors healthcare and education projects in northwestern Honduras is seeking volunteers to visit schools in the mountains around Copán valley to record and document the ongoing health conditions of the 2,000 children who participate in its mountain school supply programs.

The mission requires no special skills so it is open to anybody who cares to apply. There are no special fees to participate. Volunteers only need to bring a laptop computer and digital camera. PFC will provide transportation to the mountains and a guide to translate.

Volunteers will be tasked to go into remote mountain villages in Honduras and record the name, age, weight, and height of each child, and take their photo. The information will be entered into the PFC database. It will be used to evaluate how the children within the organization's programs are progressing in comparison with other areas of the country.

* There are no fees for participation.
* Those under 18 years of age must be accompanied by an adult.
* Applications must be submitted to and accepted by PFC in advance.
* Volunteers are responsible for all transportation, food, and accommodations.
* PFC will furnish transportation to villages at no charge.
* PFC will furnish a guide and driver at no charge.
* Volunteers must provide their own laptop and digital camera and be able to download photos onto disc.
* Fluency in Spanish is not required.
* Volunteers will be expected to arrive on the dates selected.
* Mission dates are on a first come first approved basis.

Full Consolidation of Operations in Honduras

CONTACT: Emily Hunt, +44 7779 018539

STOCKHOLM, SWEDEN/July 1, 2010/Millicom International Cellular/ -- Millicom International Cellular S.A. today announces that Millicom and its local partner in Honduras have reached an agreement that gives Millicom full control of Celtel, its Honduran subsidiary. As a result of this agreement, Celtel will now be fully consolidated into the Millicom Group financial statements from Q3 2010. Previously, the results of the Honduras operations were proportionately consolidated.

Under the revised shareholders' agreement, the local partner has granted Millicom an unconditional call option for his 33% stake for the next five years. Millicom has granted a put option for the same duration to the local partner in the event of a change of control of Millicom.

While having no impact on reported net profit or Millicom's overall financial exposure to Honduras, the pro forma impact of this change on the Group financial statements for the year to December 2009 is to increase revenues by 6%, EBITDA by 7% and operating free cash flow by 9%.

As an appendix to our Q2 2010 earnings release on 20 July 2010, we will provide the pro forma Group income statements for the four quarters of 2009 and Q1 and Q2 2010, restated to reflect the full consolidation of Honduras. These will also be available to download in Excel format at www.millicom.com.

Millicom International Cellular S.A. is a global telecommunications group with mobile telephony operations in 14 countries in Asia, Latin America and Africa. It also operates cable and broadband businesses in five countries in Central America. The Group's mobile operations have a combined population under license of approximately 266 million people.

This press release may contain certain "forward-looking statements" with respect to Millicom's expectations and plans, strategy, management's objectives, future performance, costs, revenues, earnings and other trend information. It is important to note that Millicom's actual results in the future could differ materially from those anticipated in forward-looking statements depending on various important factors. Please refer to the documents that Millicom has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Millicom's most recent annual report on Form 20-F, for a discussion of certain of these factors.

All forward-looking statements in this press release are based on information available to Millicom on the date hereof. All written or oral forward-looking statements attributable to Millicom International Cellular S.A., any Millicom International Cellular S.A. employees or representatives acting on Millicom's behalf are expressly qualified in their entirety by the factors referred to above. Millicom does not intend to update these forward-looking statements.