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Completion of EUR 500 mn share repurchase program KPN



Den Haag, 24-12-07

Further to the share repurchase program announced on 3 September 2007, KPN announces that, during the week of 17 December to 21 December 2007, it has repurchased 2,619,700 KPN ordinary shares at an average price of EUR 12.10. To date, the repurchase program has been completed. The repurchase program that started on 3 September 2007 has been completed on 20 December 2007. The cancellation of the shares, repurchased during this share repurchase program, is scheduled for the first quarter of 2008. In 2007, a total of 126 million KPN shares has been repurchased at an average price of EUR 11.94.