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24 February 2006

Information delivered by the shareholder

WARSAW, Poland – 24 February 2006 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, announced today that on 24 February 2006 it received from Novator Telecom Poland II S.a.r.l., with its offices in Luxembourg (“Novator Telecom Poland II”), a notification delivered pursuant to art. 69 (1) of the Act, dated 29 July 2005, on Public Offerings, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies.
In the notification, Novator stated that on 21 February 2006, Straumur-Burdaras Investment Bank hf, an investment bank organized and existing in Iceland, with its offices at Borgartùn 25, 105 Reykjavik, Iceland ("Straumur-Burdaras"), transferred all the shares of Novator Telecom Poland II it held to Novator One L.P., a limited partnership organized and existing on the Cayman Islands, with its offices at PO Box 309GT, Ugland House, South Church Street, George Town, Grand Cayman ("Novator One").
Following the transaction, Novator One is now the sole entity holding shares in Novator Telecom Poland II and the only entity dominant in relation to Novator Telecom Poland II.