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WARSAW, Poland – August 30, 2007 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that on September 29, 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 20% of the total number of votes at Netia’s General Meeting of Shareholders.

According to the notification, as a result of the settlement of purchases of Netia shares effected on the Warsaw Stock Exchange from July 26 to August 28, 2007, as of the notification’s date Third Avenue Management holds 79,955,192 Netia shares, representing 20.54% of Netia’s share capital and entitling the holder thereof to exercise 79,955,192 votes, which represents 20.54% of the total number of votes at Netia’s General Meeting of Shareholders.

Prior to the above transactions, Third Avenue Management held 77,619,479 Netia shares, which represented 19.94% of Netia’s share capital, and was entitled to 77,619,479 votes, representing 19.94% of the total number of votes at Netia’s General Shareholder Meeting.