Current reports

WARSAW, Poland – June 13, 2005 – Netia SA (“Netia” or “Company”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that from June 6 till June 10, 2005 the Company acquired 802,953 (in words: eight hundred and two thousand nine hundred and fifty three) of its own shares at the nominal value of PLN 1 PLN each. The Company’s shares purchased within the above referred term give in total 802,953 (in words: eight hundred and two thousand nine hundred and fifty three) of votes at the General Shareholders Meeting and constitute 0.20% of the Company’s share capital, status as on June 1, 2005 (see Netia’s press release dated June 6, 2005). The average unit price for shares amounted to PLN 3.99.

 

Since the commencement day of the Program the Company acquired in total 5,527,975 (in words: five million five hundred and twenty seven thousand nine hundred and seventy five) of own shares and 1,521 (in words: one thousand five hundred and twenty one) subscription warrants. The Company’s shares purchased from the day of the Programme commencement give in total 5,527,975 (in words: five million five hundred and twenty seven thousand nine hundred and seventy five) of votes at the General Shareholders Meeting and constitute 1.40% of the Company’s share capital, status as on June 1, 2005.

 

The Company has been acquiring its own shares and subscription warrants based on the buy-back programme of the Company’s shares and subscription warrants started on May 9, 2005 (”Program”) for the purchase of their redemption and the decrease of the Company’s share capital. The Program was adopted by the Annual General Shareholders Meeting on March 17, 2005 (see Netia’s press releases dated March 17, 2005 and April 22, 2005).