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04 August 2009

Information on sale of Netia's shares (39/2009)


WARSAW, Poland – August 4, 2009 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that it received a notification from Pioneer Pekao Investment Management SA (“PPIM”) that its ownership of Netia’s shares decreased to the level of 9,99% of the total number of votes at Netia’s general meeting of shareholders.

According to the notification, as a result of the sale of Netia’s shares on July 28, 2009, all PPIM’s clients jointly hold 38,891,802 of Netia’s shares, representing 9.99% of the Netia’s share capital and entitling the holder thereof to exercise 38,891,802 votes, which represents 9.99% of the total number of votes at Netia’s general shareholders’ meeting.

Prior to this transaction, PPIM’s clients held 38,991,802 of Netia’s shares, which represented 10.02% of the Netia’s share capital and entitled to 38,991,802 votes representing 10.02% of the total number of votes in Netia.