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08 September 2011

Netia’s series K shares admitted to trading on the Warsaw Stock Exchange (40/2011)

WARSAW, Poland – September 8, 2011 – Netia SA (“Netia” or the “Company”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, announced, in connection with its current report dated December 2, 2002 regarding the granting of consent of the Polish Securities and Exchange Commission to admit the series K shares to public trading, that pursuant to the resolution No. 1162/2011 of the Management Board of the Warsaw Stock Exchange (“WSE”), dated September 7, 2011, 18,418 series K ordinary bearer shares in Netia, assigned the PLNETIA00097 code by Krajowy Depozyt Papierów Wartościowych SA (National Depository for Securities) (the “Shares”), have been admitted to trading on the WSE. Trading in the Shares on the WSE will commence on September 14, 2011, provided that on the same day the Polish National Depository for Securities will assimilate the Shares with the remaining Netia’s shares.

The series K shares were issued from Netia’s authorized capital due to the exercise of stock options by persons who held managerial positions (but not management board members) and whose employment contracts were terminated prior to the exercise of options. These stock options were granted under the performance stock option plan adopted by Netia’s Supervisory Board on June 28, 2002, as amended. By resolution No. 218/03 of May 14, 2003, the Management Board of KDPW assigned the series K shares with the PLNETIA00097 code.

Netia’s issued and outstanding share capital, following this issuance is PLN 391,061,386 and represents 391,061,386 shares, PLN 1 par value per share, each share giving the right to one vote at Netia’s general meeting of shareholders.

The series K shares were issued due to the exercise of rights attached to 18,418 ordinary bearer Series III notes, authorizing their holders to subscribe for the series K shares prior to the Company’s shareholders, having a nominal value of 1 grosz (PLN 0.01) each (“Series III Notes”). In connection with the exercise of rights from the Series III Notes, the Company bought and redeemed 18,418 Series III Notes.