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19 May 2006

Information regarding the acquisition of Netia’s shares

WARSAW, Poland – May 19, 2006 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that it received a notification filed on behalf of Third Avenue Management LLC (the “Shareholder”) that its ownership of Netia’s shares, held by the Shareholder on behalf of its clients, increased above the threshold of 5% of the total number of votes at Netia’s general meeting of shareholders.
According to the notification, as a result of the settlement on May 16, 2006 of a purchase transaction of Netia’s shares effected on the Warsaw Stock Exchange, the Shareholder holds 23,491,762 of Netia’s shares, representing 6.04% of the Netia’s share capital and entitling the holder thereof to exercise 23,491,762 votes, which represents 6.04% of the total number of votes at Netia’s General Meeting of Shareholders.
Prior to this transaction, the Shareholder held 19,400,790 of Netia’s shares, which represented 4.98% of the Netia’s share capital and entitled to 19,400,790 votes representing 4.98% of the total number of votes in Netia.