Information regarding sale of Netia's shares
WARSAW, Poland - July 30, 2003 - Netia Holdings S.A. ("Netia") (WSE: NET), Poland's largest alternative provider of fixed-line telecommunications services, today announced that following the sale of Netia's shares, the subsidiaries of J.P. Morgan Chase & Co. jointly held 16,928,299 Netia shares, which represent 4.92% of Netia's outstanding share capital and 4.92% of the total voting power at Netia's general meeting of shareholders, as of July 29, 2003.
Previously, J.P. Morgan Chase & Co. and its subsidiaries jointly held 25,189,761 Netia shares, representing 7.32% of Netia's outstanding share capital and 7.32% of the total voting power at Netia's general meeting of shareholders.
The following table presents current ownership of Netia's shares by a subsidiary of JP Morgan Chase & Co.
|Company||Number of shares||Percentage of Netia's share capital|
and percentage of voting power at the
general meeting of shareholders
|J.P. Morgan Securities Ltd.||16,928,299||4.92%|