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20 February 2014

Netia's Chief Executive Officer to resign by August 31, 2014

WARSAW, Poland – February 20, 2014 – Netia SA (“Netia” or “Company”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, announced today that on February 19, 2014 Netia’s Chief Executive Officer, Mirosław Godlewski, in agreement with the Supervisory Board, decided to stand-down from his position leading the Company’s Management Board by no later than 31 August.

The Supervisory Board thanked Mirosław Godlewski for his leadership over seven successful years. Mirosław Godlewski has contractually agreed to remain in his position while the Supervisory Board search for a suitable replacement and will stand down from the Management Board on 31 August, 2014 or earlier if his replacement is able to take over his responsibilities at an earlier date.

Mirosław Godlewski explained - “For the past seven years it has been my pleasure to lead Netia’s Management Board and the Group’s tremendous team of dedicated employees, during which time the Group has more than doubled in size and cemented its position as the undisputed leading alternative fixed line operator on the Polish market. After much consideration, I have decided that the time has come for me to seek a new professional challenge and, in agreement with the Company’s Supervisory Board, I shall stand-down from the Management Board. The Supervisory Board and I have furthermore agreed that I will not formally resign from my position before 31 August this year in order to provide the time that may be necessary to find a suitable replacement to lead the Netia Group’s future development. However, should the new Chief Executive be identified sooner, then we have agreed that I will resign earlier and the Supervisory Board and I will do everything possible to ensure a smooth transition to new leadership.

The new chief executive will be inheriting a highly professional, talented and creative team of management and employees at the Netia Group and I trust that he or she will be able to build on the exciting progress made thus far to deliver increased shareholder value.”

The Netia Supervisory Board’s Remuneration Committee is leading the process of identifying a new Chief Executive Officer and is working with a leading executive recruiting firm and will consider both external and internal candidates.

“The Supervisory Board is committed to the effective transformation of Netia to ensure its growth in the years ahead. Mirosław Godlewski’s decision and his support through a reasonable transition period will allow for the careful selection of a new CEO who can drive the Netia Group into its next phase of development and shows the commitment of both Mirosław Godlewski and the Supervisory Board to achieving this goal.” - commented George Karaplis, Chairman of the Supervisory Board.