Current reports

To All Shareholders of Netia Holdings S.A. participating in the Extraordinary General Meeting of Shareholders on August 30, 2002

Dear Shareholders:

As Acting President of the Management Board of Netia Holdings S.A. I have the pleasure to inform you that on August 30, 2002 (Friday) at 12:00 hours Warsaw time, in the offices of Netia Holdings SA at ul. Poleczki 13 in Warsaw there will be held an Extraordinary General Meeting of Shareholders. In view of the above, please find below (i) the proposed agenda of the Extraordinary General Meeting of Shareholders, and (ii) information regarding actions which must be taken in order to participate in the General Meetings of Shareholders of the Company and to exercise the voting rights attached to shares.

1. Proposed agenda of the Extraordinary General Meeting of Shareholders to be held on August 30, 2002.
   

   
   

   1. Opening the Meeting.
      
      
   2. Election of the Chairman of the Meeting.
      
      
   3. Statement that the Meeting has been convened properly and is able to adopt resolutions.
      
      
   4. Adopting the resolutions on extending the term of certain members of the Supervisory Board.
      
      
   5. Closing the Meeting.
      
      
   
   
   
2. Participating in the Extraordinary General Meeting of Shareholders on August 30, 2002

Shareholders holding publicly traded bearer shares and registered shares shall have the right to participate in the Meeting on condition that at least one week prior to the date of the Meeting (i.e. by August 23, 2002 at 17.00 hours Warsaw time) they deliver to the Company depository certificates issued by the brokerage house keeping such Shareholder's securities account, or by Centralny Dom Maklerski PEKAO SA.

Shareholders who own non-publicly traded bearer shares shall have the right to participate in the Meeting provided that their shares are deposited with the Company at least one week prior to the date of the Meeting, i.e. by August 23, 2002 at 17.00 hours Warsaw time.

Proxies of Shareholders who are legal persons must present an up-to-date copy of an extract from an appropriate register stating who is authorized to represent such entities, and respective powers of attorney. The power of attorney authorizing a proxy to participate in a General Shareholders' Meeting must be in writing.

The list of Shareholders authorized to participate in the Extraordinary General Shareholders' Meeting shall be available for inspection at the Company's offices 3 working days prior to the Meeting.

I am looking forward to meeting you at the General Shareholders' Meeting.

Yours sincerely,