Current reports

WARSAW, Poland - August 15, 2002 - Netia Holdings S.A. (Nasdaq: NTIAQ/NTIDQ, WSE: NET), Poland's largest alternative provider of fixed-line telecommunications services, today announced that the creditors' meeting to accept the composition plans of its three Dutch subsidiaries, Netia Holdings B.V., Netia Holdings II B.V. and Netia Holdings III B.V., were opened today. In consideration of the timing of arrangement proceedings in Poland and in order to obtain confirmation with respect to tax matters relating to the restructuring, the court adjourned the meeting and scheduled the creditors' vote on the composition plans for the companies for August 30, 2002. The verification hearings in the Netherlands have been provisionally fixed by the court for September 11, 2002.


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, its Current Report on Form 6-K filed with the Commission on July 31, 2002, its Current Report on Form 6-K filed with the Commission on August 2, 2002, its Current Reports on Form 6-K filed with the Commission on August 6, 2002, its Current Report on Form 6-K filed with the Commission on August 9, 2002, and its Current Report on Form 6-K filed with the Commission on August 15, 2002. The Company undertakes no obligation to publicly update or revise any forward-looking statements.