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
21 December 2007

Netia acquires another Internet service provider


WARSAW, Poland – December 21, 2007 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, announced that on December 21, 2007 Internetia Sp. z o.o. with its seat in Warsaw (“Internetia”), Netia’s subsidiary, purchased from Messrs. Marcin Szweda, Krzysztof Ruszkowski, Łukasz Wiśniewski, Julian Fey, Marcin Kussowski and Dariusz Włodarski (the “Sellers”) 25 shares in the share capital of a company operating under the business name Interbit Sp. z o.o. with its seat in Tczew (“Interbit”) with the total nominal value of PLN 250,000 for all these shares, which represent 100% of the share capital and confer the right to 100% of the votes at the general meeting of shareholders of Interbit (the “Shares”). The total price of all the Shares has been set at PLN 3.4 million (PLN 137,551.28 per one share).

Interbit is a service provider offering broadband Internet access to residential clients in the town of Tczew in Northern Poland. The company is using FastEthernet technology, which allows for transmission speed of up to 100 Mb/s. As of December 19, 2007, Interbit’s network provided broadband access to 3,246 clients, with approximately 13,300 households passed.

The acquisition of Shares was effected based on the Shares purchase agreement concluded by Internetia and Interbit on December 19, 2007.

The acquired Shares constitute assets of substantial value, as they represent 100% of the share capital of Interbit. The assets described above were acquired from Internetia’s own resources and constitute an investment of a long-term nature.

Apart from the contractual relations described in this report, there exist no other ties between Netia and the persons managing or supervising Netia and the Sellers of the aforementioned assets.

The acquisition represents yet another step in execution of Netia’s strategy aimed at acquiring 1 million broadband customers over the next three years, including consolidation of local Ethernet networks.