Current reports

WARSAW, Poland – May 27, 2003 – Netia Holdings S.A. (“Netia”) (WSE: NET, NET2), Poland's largest alternative provider of fixed-line telecommunications services, today announced that on May 26, 2003, the Warsaw District Court for Competition and Consumer Protection (the “Court”) dismissed an appeal of Telekomunikacja Polska S.A. (“TP S.A.”) from the decision of the President of the Office for the Regulation of Telecommunications (currently, the President of Office for the Regulation of Telecommunications and Post) (“ORTP”), dated February 15, 2002, regarding dial-up Internet access through Netia’s access number for TP S.A.’s customers in the Lublin numbering area. Despite immediate enforceability of the decision of the President of ORTP, TP S.A. had not been complying with that decision. The Court found all TP S.A.’s claims in its appeal to be without merit. The Court’s ruling is final and unappealable. Netia intends to bring a claim against TP S.A. for incurred damages. One of the crucial issues decided earlier by the President of ORTP and upheld recently by the Court concerned interconnection settlements. The President of ORTP decided that the interconnection rates should be based on costs determined on the basis of interconnection rates applied by the European telecommunications operators which rates are significantly different from the rates proposed by TP S.A. Netia launched its dial-up Internet access number (020 9267) in October 2001. This service was prepared in such a way as to enable access for subscribers of other telecom operators. Due to time-consuming negotiations with TP S.A. regarding interconnection settlements, the arbitration procedure and appeals by TP S.A. from the decisions of the President of ORTP, Netia’s dial-up Internet service is currently available only to Netia’s customers. Since February 2002 TP S.A. has denied its subscribers an access to Netia’s dial-up Internet service. Similar decisions of the President of ORTP with respect to access to Netia’s dial-up Internet service though our access number in other regions of Poland were also appealed by TP S.A.

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 Netia'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, and 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, its Current Report on Form 6-K filed with the Commission on August 15, 2002 its Current Report on Form 6-K filed with the Commission on August 16, 2002, its Current Report on Form 6-K filed with the Commission on August 28, 2002, its Current Report on Form 6-K filed with the Commission on August 30, 2002, its Current Report on Form 6-K filed with the Commission on September 16, 2002, its Current Report on Form 6-K filed with the Commission on September 20, 2002, its Current Report on Form 6-K filed with the Commission on September 24, 2002, its Current Report on Form 6-K filed with the Commission on October 1, 2002, its Current Report on Form 6-K filed with the Commission on October 15, 2002, its Current Report on Form 6-K filed with the Commission on October 17, 2002, its Current Report on Form 6-K filed with the Commission on October 22, 2002, its Current Report on Form 6-K filed with the Commission on October 25, 2002, its Current Report on Form 6-K filed with the Commission on November 5, 2002, its Current Report on Form 6-K filed with the Commission on November 5, 2002, its Current Report on Form 6-K filed with the Commission on November 6, 2002, its Current Report on Form 6-K filed with the Commission on November 18, 2002 , its Current Report on Form 6-K filed with the Commission on November 21, 2002, its Current Reports on Form 6-K filed with the Commission on December 3, 2002, its Current Reports on Form 6-K filed with the Commission on December 10, 2002, its Current Report on Form 6-K filed with the Commission on December 23, 2002, its Current Report on Form 6-K filed with the Commission on January 8, 2003, its Current Report on Form 6-K filed with the Commission on January 16, 2003, its Current Report on Form 6-K filed with the Commission on January 29, 2003, its Current Report on Form 6-K filed with the Commission on February 3, 2003, its Current Report on Form 6-K filed with the Commission on February 13, 2003, its Current Report on Form 6-K filed with the Commission on February 14, 2003, its Current Report on Form 6-K filed with the Commission on February 25, 2003, its Current Report on Form 6-K filed with the Commission on March 10, 2003, its Current Report on Form 6-K filed with the Commission on March 18, 2003, its Current Report on Form 6-K filed with the Commission on April 8, 2003, its Current Report on Form 6-K filed with the Commission on April 24, 2003, its Current Report on Form 6-K filed with the Commission on May 7, 2003 and its Current Report on Form 6-K filed with the Commission on May 7, 2003 . Netia undertakes no obligation to publicly update or revise any forward-looking statements.