Bulletin
Information on acquisition of Netia's shares
WARSAW, Poland – March 2, 2007 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that on March 2, 2007 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 18% of the total number of votes at Netia’s General Meeting of Shareholders.
According to the notification, as a result of the settlement on February 28, 2007 of a purchase of Netia shares effected on the Warsaw Stock Exchange, Third Avenue Management holds 71,660,517 Netia shares, representing 18.41% of Netia’s share capital and entitling the holder thereof to exercise 71,660,517 votes, which represents 18.41% of the total number of votes at Netia’s General Meeting of Shareholders.
Prior to this transaction, Third Avenue Management held 71,437,629 Netia shares, which represented 18.36% of Netia’s share capital, and was entitled to 71,437,629 votes, representing 18.36% of the total number of votes at Netia’s General Shareholder Meeting.