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29 December 2005

Information regarding the sale of Netia’s shares


WARSAW, Poland – December 29, 2005 – Netia SA (“Netia” or the “Company”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that on December 28, 2005 it received from a proxy of Nicholas Cournoyer, the chairman of the Company’s Supervisory Board, a notification filed on behalf of Nicholas Cournoyer informing about the transactions executed by entities controlled indirectly by Nicholas Cournoyer.

 

An entity controlled indirectly by Nicholas Cournoyer sold on the regulated market on the Warsaw Stock Exchange 1,676,898 ordinary bearer shares of the Company at the price per share of PLN 5.8165 on December 20, 2005.

 

An entity controlled indirectly by Nicholas Cournoyer sold on the regulated market on the Warsaw Stock Exchange 351,982 ordinary bearer shares of the Company at the price per share of PLN 5.8165 on December 20, 2005.