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23 October 2008

Information on acquisition of Netia's shares (59/2008)


WARSAW, Poland – October 23, 2008 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that it received a notification from Novator Telecom Poland II S.a.r.l., with its seat in Luxembourg, 560 A, rue de Neudorf, L-2220 Luxembourg (“Novator”) informing that Novator exceeded the 31% threshold of the aggregate number of votes at Netia’s General Meeting of Shareholders.

According to the notification, as a result of purchases of Netia shares effected on the Warsaw Stock Exchange from September 25, 2007 to October 20, 2008, as of October 22, 2008 Novator holds 121,784,294 Netia shares, representing 31.28% of Netia’s share capital and entitling the holder thereof to exercise 121,784,294 votes, which represents 31.28% of the total number of votes at Netia’s General Meeting of Shareholders.

Prior to the above transactions, Novator held 113,941,170 Netia shares, which represented 29.27% of Netia’s share capital, and was entitled to 113,941,170 votes, representing 29.27% of the total number of votes at Netia’s General Shareholder Meeting.