Current reports

WARSAW, Poland – January 23, 2004 – Netia S.A. (“Netia”) (WSE: NET), Poland's largest alternative provider of fixed-line telecommunications services, today announced that it has received a notification from Powszechny Zakład Ubezpieczeń SA (“PZU SA”) stating that a 5% threshold of the total number of votes at Netia’s General Meeting of Shareholders has been exceeded. According to the notification, PZU SA and its subsidiary PZU Życie SA jointly hold 17,543,387 of Netia’s shares, which constitutes 5.09% of the Netia’s share capital, and entitles the holders thereof to exercise 17,543,387 votes at Netia’s General Meeting of Shareholders, constituting 5.09% of the total number of votes at Netia’s General Meeting of Shareholders.

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 June 27, 2003, its Current Report on Form 6-K filed with the Commission on June 30, 2003, its Current Report on Form 6-K filed with the Commission on August 8, 2003, its Current Report dated August 13, 2003, its Current Report dated September 23, 2003, its Current Report dated October 1, 2003, its Current Report dated November 4, 2003 and its Current Report dated November 6, 2003 , its Current Report dated November 6, 2003 and its Current Report dated December 29, 2003. Netia undertakes no obligation to publicly update or revise any forward-looking statements.