Current reports

WARSAW, Poland - August 2, 2002 - Netia Holdings S.A. (Nasdaq: NTIAQ/NTIDQ, WSE: NET), Poland's largest alternative provider of fixed-line telecommunications services, today announced that it received on August 1, 2002 a copy of the claim filed by a minority shareholder with the District Court (S??d Okręgowy) alleging that the distribution of the warrants to be issued by the Company under the pending financial restructuring is harmful to the minority shareholders and violates good customs. In particular, the suit is requesting that sections 10, 11 and 13 of resolution number 2 adopted at the General Meeting of Shareholders on April 4, 2002 be invalidated. The Company's Management Board believes the claim to be unsubstantiated and expects to file for its dismissal. A copy of resolution number 2 adopted at the August 4, 2002 General Meeting of Shareholders is available on the Company's website at www.netia.pl.

The Company has also received a decision of the District Court of June 14, 2002 whereby the District Court resolved to forward to the Regional Court for the city of Warsaw (S??d Rejonowy dla m.st. Warszawy) for its determination a claim filed by another minority shareholder, also for the invalidation of a resolution adopted at the April 4, 2002 General Meeting of Shareholders. The Company has not received a copy of the claim and is not aware of its merits. The Company intends however to file for its dismissal if based on the grounds of the claim received on August 1, 2002 and referred to above.


Some of the information contained in this news release contains forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. For a more detailed description of these risks and factors, please see the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F filed with the Commission on March 28, 2002, its Current Report on Form 6-K filed with the Commission on April 3, 2002, its Current Reports on Forms 6-K filed with the Commission on May 6, 2002, its Current Report on Form 6-K filed with the Commission on May 7, 2002, its Current Report on Form 6-K filed with the Commission on May 20, 2002, its Current Report on Form 6-K filed with the Commission on May 24, 2002, its Current Report on Form 6-K filed with the Commission on June 28, 2002, its Current Report on Form 6-K filed with the Commission on July 2, 2002, and its Current Report on Form 6-K filed with the Commission on July 31, 2002. The Company undertakes no obligation to publicly update or revise any forward-looking statements.