• Artikel

KPN announces final results of cash tender offer



Den Haag, 30-6-09

NOT FOR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN THE REPUBLIC OF ITALY

Koninklijke KPN N.V. (the “Company”) announced today the final results of its cash tender offer (the “Offer”) to purchase up to $700 million (the “Tender Cap”) aggregate principal amount of its outstanding $1,750,000,000 8.00% Notes due 2010 (the “Notes”) from the holders of the Notes. As of 5:00 p.m., New York City time, on 29 June 2009 (the “Expiration Date”), the aggregate principal amount of the Notes validly tendered in the Offer was $ 587,858,000. The Offer was made pursuant to an Offer to Purchase dated 2 June 2009 (the “Offer to Purchase”).

The Company is pleased to announce that it will purchase all Notes validly tendered in the Offer.

Holders of Notes who validly tendered and did not validly withdraw their Notes at or prior to 5:00 p.m., New York City time, on 15 June 2009 (the “Early Tender Date”) and whose Notes have been accepted for purchase will receive the Full Tender Offer Consideration of $1,065 per $1,000 principal amount. Holders who validly tendered their Notes after 5:00 p.m., New York City time, on the Early Tender Date, but at or prior to 5:00 p.m., New York City time, on the Expiration Date and whose Notes have been accepted for purchase will receive the Late Tender Offer Consideration of $1,045 per $1,000 principal amount.

In addition to the Full Tender Offer Consideration or Late Tender Offer Consideration, as applicable, holders of Notes tendered and accepted for purchase will receive accrued and unpaid interest on such Notes from the last interest payment date to, but not including, the Settlement Date.

Payment on all Notes tendered and accepted under the Offer, including accrued and unpaid interest on such Notes, will be made on the Settlement Date, which is expected to be 2 July 2009.

Further Information

A complete description of the terms and conditions of the Offer is set out in the Offer to Purchase. The Company has retained Citigroup Global Markets Limited to act as Dealer Manager and Citibank, N.A. to act as Tender and Information Agent for the Offer.

Questions or requests for information in relation to the Offer should be directed to:

DEALER MANAGER
Citigroup Global Markets Limited

Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB
United Kingdom
Attention: Liability Management Group
Toll Free: (800) 558 3475
Collect: (212) 723 6106
London: +44 (0) 20 7986 8969
Email: liabilitymanagement.europe@citi.com

Requests for copies of the Offer to Purchase and the Letter of Transmittal may be directed to:

TENDER AND INFORMATION AGENT
Citibank, N.A., London Branch

Citigroup Centre
33 Canada Square
Canary Wharf
London E14 5LB
United Kingdom
Attention: Exchange Team
Telephone: +44 (0)20 7508 3867
Fax: +44 (0)20 3320 2405
Email: exchange.gats@citi.com

This announcement is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The
Offer was made only by, and pursuant to the terms of, the Offer to Purchase, and the information in this announcement is qualified by reference to the Offer to Purchase and the accompanying Letter of Transmittal.