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08 June 2005

Information regarding the sale of Netia’s shares


WARSAW, Poland – June 8, 2005 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that it received a notification from Powszechny Zakład Ubezpieczeń Spółka Akcyjna (“PZU SA”) stating that as a result of the sale of Netia’s shares by PZU SA on May 31, 2005, PZU SA and its subsidiary PZU Życie SA, jointly hold 19,531,358 of Netia’s shares, which constitutes 4.98% of the Netia’s share capital, and entitles the holders thereof to exercise 19,531,358 votes at Netia’s General Meeting of Shareholders, constituting 4.98% of the total number of votes at Netia’s General Meeting of Shareholders.

 

According to the notification, prior to this transaction, PZU SA and its subsidiary PZU Życie SA jointly held shares entitling to 5.01% of the total number of votes at Netia’s General Meeting of Shareholders.