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18 May 2001

Resolutions from Netia's Ordinary Shareholders Meeting

May 18, 2001

Warsaw, Poland - May 18, 2001 - Netia Holdings S.A. (Nasdaq: NTIA, WSE: NET), Poland's largest alternative fixed-line telecommunications services provider, today announced that on May 16, 2001, the following resolutions of the Ordinary Shareholders Meeting of the Company, among others, were adopted.

Resolution No. 1

Approval of (i) the Management Board's report on the activities of the Company for the financial year 2000, (ii) the financial statements for the financial year 2000and (iii) the consolidated financial statements for the financial year 2000.

Resolution No. 2

Resolution that the stand-alone loss of the Company for the financial year 2000 in the amount of PLN 503,762,301.12 and the consolidated loss of the Company for the financial year 2000 in the amount of PLN 498,986,580.49 shall be covered from the future years revenues.

Resolution No. 3

Acknowledgement of the fulfillment of duties performed by the Management Board and the Supervisory Board of the Company in the financial year 2000.

Resolution No. 7

Cancellation of Resolution No. 4 of the Extraordinary Shareholders' Meeting dated February 19, 2001, regarding the amendment to par. 5 of the Company's Statute. Such cancellation causes that the increase in the Company's share capital from PLN 188,515,032 up to PLN 190,660,170 by issuance up to 357,523 ordinary bearer shares with a nominal value PLN 6 each would not take place.

NETIA HOLDINGS is the largest alternative fixed-line telecommunications operator in Poland. Netia has 24 licenses for local telecommunications services in territories covering some 15 million people or approximately 40% of the Polish population, which include the most economically advanced parts of the country. The Company's existing local telephone license territories cover six of the country's ten largest urban areas including Warsaw, Krakow, Poznan, Gdansk, Lublin and Katowice. Netia has also secured the benefit of a nationwide data and IP license to provide data transmission and Internet-based services. In May 2000, the Netia 1 consortium was issued a nationwide domestic long distance voice license.