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27 December 2005

Information regarding the acquisition of Netia’s shares


WARSAW, Poland – December 27, 2005 – Netia SA (“Netia” or the “Company”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that on December 27, 2005 it received notifications from a proxy of Mr. Nicholas Cournoyer, the chairman of Netia’s Supervisory Board, informing about the following transactions of purchase of Netia’s shares due to the exercise of the Company’s subscription warrants by entities controlled indirectly by Mr. Cournoyer:  
  • An entity controlled by Mr. Nicholas Cournoyer purchased 1,274,667 ordinary bearer shares of the Company at the price per share of PLN 2.53 on December 16, 2005;
  • An entity controlled by Mr. Nicholas Cournoyer purchased 527,411 ordinary bearer shares of the Company at the price per share of PLN 2.53 on December 16, 2005;
  • An entity controlled by Mr. Nicholas Cournoyer purchased 566,454 ordinary bearer shares of the Company at the price per share of PLN 2.53 on December 16, 2005;
  • An entity controlled by Mr. Nicholas Cournoyer purchased 1,406,919 ordinary bearer shares of the Company at the price per share of PLN 2.53 on December 16, 2005.
The above transactions were concluded in Warsaw.