Current reports

WARSAW, Poland – December 22, 2008 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, announced that on December 22, 2008 Internetia Sp. z o.o. with its seat in Warsaw („Internetia”), Netia’s subsidiary, purchased from Mr. Piotr Świątek (the “Seller”) 2,039 shares in the share capital of a company operating under the business name Easy Com Sp. z o.o. with its seat in Góra (“Easy Com”) with the total nominal value of PLN 1,019,500, which represent 100% of the share capital and confer the right to 100% of votes at the general meeting of shareholders of Easy Com (the “Shares”) for the amount of PLN 6,067,630.12 (say: six million sixty seven thousand six hundred thirty and 12/100) for all these shares. This price represents an equivalent of the value of Easy Com’s customers active as at December 17, 2008 as agreed with the Sellers of PLN 5,816,469, increased by balances of the cash and cash equivalents held by Easy Com, and decreased by Easy Com’s outstanding liabilities as at December 18, 2008.

Easy Com is a service provider offering broadband Internet access to residential clients in Góra, Rawicz, Krotoszyn, Żary and Ostrów Wielkopolski in South-Western Poland. The company is using FastEthernet technology, which allows for transmission speed of up to 100 Mb/s. As of December 17, 2008, Easy Com’s network provided broadband access to 6,261 clients with signed contracts, with approximately 20,000 households passed.

The acquisition of Shares was effected based on the Share purchase agreement (“Share purchase agreement”) concluded by Internetia and the Seller on December 18, 2008 as a result of the payment by Internetia of the price indicated above.

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

The above referred price may be increased by a difference between the number of Easy Com’s active clients with signed contracts as at April 30, 2009 and 6,261 clients as at December 17, 2008, multiplied by PLN 929.

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 Seller of the aforementioned assets.

Extending the reach of Netia’s own infrastructure and customer base via acquisition and integration of such businesses is an important element of Netia’s strategy aimed at acquiring 1 million broadband customers.