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Den Haag, 18-9-06

KPN has reached agreement regarding the acquisition of Tiscali SpA’s Dutch operations for a consideration of EUR 255 million. KPN will take over the provision of services to 276,000 broadband and 126,000 dial-up internet customers as well as take over Tiscali’s infrastructure in the Netherlands.

This acquisition forms a further step in KPN’s strategy of strengthening its position on the Dutch broadband market. As of the end of June, 2006, KPN served some 1.8 million ADSL customers in the Netherlands. KPN expects to derive synergies from integrating the Tiscali infrastructure into its own network.

Tiscali Netherlands serves both the retail consumer and wholesale market, predominantly with broadband (DSL) services via its own network. In the first half of 2006 net sales reached EUR 52 million with ca. EUR 23 million EBITDA. It employs 276 staff.

The acquisition is subject to approval by the Dutch competition Authority, NMa. The relevant works councils have been notified and will be asked for advice.