Information regarding the sale of Netia’s shares
WARSAW, Poland – January 20, 2006 – Netia SA (“Netia” or the “Company”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that on January 20, 2006 it received from the Company’s commercial proxy the notification informing about the transaction related to the Company’s shares executed by the commercial proxy.
In the transaction, the Company’s commercial proxy sold 10,820 ordinary bearer series K shares issued by the Company. The sale was effected as a result of placing the subscription order for the sale of Netia’s shares in connection with the tender offer for Netia’s shares, announced on December 16, 2005 by Novator Telecom Poland II S.a.r.l., with its registered seat in Luxembourg (the “Tender Offer”). The sale was effected on January 20, 2006 at the price set forth in the Tender Offer, i.e. PLN 6.15 per share.