Bulletin

As Netia decided to withhold from providing an English version of its website, these of the company Followers who would be interested in subscribing Netia reports in Polish are kindly requested to register in the box below

Subscribe
03 August 2006

Information on acquisition of Netia's shares


WARSAW, Poland – August 3, 2006 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that on August 2, 2006 it received a notification filed on behalf of Third Avenue Management LLC (the “Third Avenue Management”) that ownership of Netia’s shares, held by Third Avenue Management on behalf of its clients, has increased above the threshold of 12% of the total number of votes at Netia’s General Meeting of Shareholders.
 
According to the notification, as a result of the settlement on July 31, 2006 of a purchase of Netia shares effected on the Warsaw Stock Exchange, Third Avenue Management holds 47,034,707 Netia shares, representing 12.09% of Netia’s share capital and entitling the holder thereof to exercise 47,034,707 votes, which represents 12.09% of the total number of votes at Netia’s General Meeting of Shareholders.
 
Prior to this transaction, Third Avenue Management held 46,524,969 Netia shares, which represented 11.95% of Netia’s share capital, and was entitled to 46,524,969 votes, representing 11.95% of the total number of votes, at Netia’s General Shareholder Meeting.