Current reports

WARSAW, Poland – October 5 – Netia SA (“Netia” or the “Company”) (WSE: NET), Poland's largest alternative provider of fixed-line telecommunications services, today announced that its supervisory board appointed Mr. Kent Holding as member of the management board and Chief Financial Officer of the Company. The appointment will be effective on the business day immediately following the date of Mr. Holding obtaining a residence permit for specific duration which is required under Article 87 of the Promotion of Employment and Labor Market Institutions Act of 20 April 2004. Prior to commencement of his cooperation with Netia, Mr. Kent Holding, age 40, worked for, among others, T – Mobile International, Croatia, in the position of financial director, where he was instrumental in arranging the legal separation of the business from the former state telecom company and established and developed the financial department of that company (2001 - 2004); at EXI Wireless INC., Canada, as the financial director thereof (2000 – 2001); at EuroTel Bratislava, Slovakia in the position of financial director (1998 – 1999) where he successfully negotiated refinancing and enlargement of the company’s debt financing; at Polska Telefonia Cyfrowa (Era), in the position of financial controller and acting CFO during which time he assisted in arranging all of the company’s start-up financing (1996-1998); in Central European Media Enterprises, Great Britain (1995 – 1996). Mr. Kent Holding started his career at Procter and Gamble. He graduated from the Georgia Institute of Technology, USA, with the Bachelor of Science in Management degree, and received an MBA from Duke University, Fuqua School of Business, USA. Mr. Holding does not conduct directly or through legal entities any activities that would compete with the activities of Netia or its subsidiaries. He is not a partner in a civil law company or any partnership, nor a member of any authorities of any corporation or any other competitive legal entity. He has not been registered in the Non-Solvent Debtors Register kept pursuant to the National Court Register Act.