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30 June 2005
Acquisition of Netia shares
WARSAW, Poland – June 30, 2005 – Netia SA (“Netia”) (WSE: NET), Poland's largest alternative provider of fixed-line telecommunications services, today announced that it has received a notification from Powszechny Zakład Ubezpieczeń Spółka Akcyjna (“PZU SA”) stating that a 5% threshold of the total number of votes at Netia’s General Meeting of Shareholders has been exceeded.
According to the notification, PZU SA and its subsidiary PZU Życie SA jointly hold 20,003,728 of Netia’s shares, which constitutes 5.08% of the Netia’s share capital, and entitles the holders thereof to exercise 20,003,728 votes at Netia’s General Meeting of Shareholders, constituting 5.08% of the total number of votes at Netia’s General Meeting of Shareholders.