Additional information on Netia acquiring El-Net
WARSAW, Poland – February 13, 2004 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services today announced that the final transaction costs of Netia’s acquisition of Regionalne Sieci Telekomunikacyjne El-Net SA (“El-Net”), an alternative Polish telecommunications operator, amounted to approximately 5% of the purchase price, as opposed to previous estimates of the transaction costs amounting to 3% of the purchase price, published on January 29, 2004 (i.e., the difference does not exceed PLN 2 million).
Some of the information contained in this news release contains forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. For a more detailed description of these risks and factors, please see Netia's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F filed with the Commission on June 27, 2003, its Current Report on Form 6-K filed with the Commission on June 30, 2003, its Current Report on Form 6-K filed with the Commission on August 8, 2003, its Current Report dated August 13, 2003, its Current Report dated September 23, 2003, its Current Report dated October 1, 2003, its Current Report dated November 4, 2003, its Current Report dated November 6, 2003, its Current Report dated December 29, 2003 and its Current Report dated February 3, 2004. Netia undertakes no obligation to publicly update or revise any forward-looking statements.