WARSAW, Poland – September 13, 2006 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that on September 12, 2006 it received a notification filed on behalf of Third Avenue Management LLC (the “Third Avenue Management”) that ownership of Netia’s shares, held by Third Avenue Management on behalf of its clients, has increased above the threshold of 14% of the total number of votes at Netia’s General Meeting of Shareholders.

 

According to the notification, as a result of the settlement on September 8, 2006 of a purchase of Netia shares effected on the Warsaw Stock Exchange, Third Avenue Management holds 55,539,769 Netia shares, representing 14.27% of Netia’s share capital and entitling the holder thereof to exercise 55,539,769 votes, which represents 14.27% of the total number of votes at Netia’s General Meeting of Shareholders.