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WARSAW, Poland – August 10, 2010 – 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 3.80% of the total number of votes at Netia’s general shareholders’ meeting.

According to the notification, as a result of the sale of Netia’s shares on August 2, 2010, all of PPIM’s clients jointly hold 14,806,135 of Netia’s shares, representing 3.80% of Netia’s share capital and entitling the holder thereof to exercise 14,806,135 votes, which represent 3.80% of the total number of votes at Netia’s general shareholders’ meeting.

Prior to this transaction, PPIM’s clients held 19,648,669 of Netia’s shares, which represented 5.05% of Netia’s share capital and entitled to 19,648,669 votes representing 5.05% of the total number of votes in Netia.

Simultaneously, PPIM informed on behalf of Pioneer Fundusz Inwestycyjny Otwarty, whose portfolio represents a subgroup of portfolios of all of PPIM’s clients, that the ownership of Netia’s shares held by Pioneer Fundusz Inwestycyjny Otwarty decreased to the level of 3.79% of the total number of votes at Netia’s general shareholders’ meeting.

According to the notification, as a result of the sale of Netia’s shares on August 2, 2010, Pioneer Fundusz Inwestycyjny Otwarty holds 14,740,043 of Netia’s shares, representing 3.79% of Netia’s share capital and entitling the holder thereof to exercise 14,740,043 votes, which represent 3.79% of the total number of votes at Netia’s general shareholders’ meeting.

Prior to this transaction, Pioneer Fundusz Inwestycyjny Otwarty held 19,579,662 of Netia’s shares, which represented 5.03% of Netia’s share capital and entitled to 19,579,662 votes, representing 5.03% of the total number of votes in Netia.