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29 December 2006

Information regarding the acquisition and sale of Netia’s shares (by an entity affiliated with the Chairperson of the supervisory board of Netia)


WARSAW, Poland – December 29, 2006 – Netia SA (“Netia” or the “Company”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that on December 29, 2006 it received a notification from a proxy of the Chairperson of Netia’s supervisory board (the “SB Chairperson”), informing about the following purchase and sale transactions of Netia’s shares, executed by an entity in which the SB Chairperson is a member of the management body (the “Controlled Entity”):
  • On December 21, 2006, the Controlled Entity purchased 6,222 ordinary bearer shares of the Company at the price equal to PLN 4.91 per one share;
  • On December 22, 2006, the Controlled Entity purchased 6,222 ordinary bearer shares of the Company at the price equal to PLN 5.00 per one share;
  • On December 22, 2006, the Controlled Entity sold 12,444 ordinary bearer shares of the Company at the price equal to PLN 5.00 per one share.
The transactions mentioned above were executed during the trading sessions at the Warsaw Stock Exchange.
 
As a result of the merger of CA IB’s companies in Poland, the SB Chairperson became the President of UniCredit CA IB Polska SA investment firm, which conducts in particular the activities with regard to the purchase and sale of securities on its own account. The transactions reported above were made in a normal course of the investment firm’s operations.