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Den Haag, 17-12-07

KPN announces its intention to delist its American Depositary Receipts (“ADR’s“) from the New York Stock Exchange (“NYSE“) and to delist its ordinary shares from the London Stock Exchange and the Frankfurt Stock Exchange in the first quarter of 2008.

The Company will concentrate all trading of its ordinary shares on the Euronext stock exchange in Amsterdam and is considering a Level 1 ADR program for over-the-counter trading.

KPN’s Board of Management and Supervisory Board have taken into account the low trading volume at the NYSE, London Stock Exchange and Frankfurt Stock Exchange and the costs of complying with the registration.

KPN intends to file a Form 25 with the SEC to effect the delisting from the NYSE. After the delisting from the NYSE has become effective, KPN intends to file a Form 15F with the SEC to deregister and terminate its reporting obligations under the U.S. Securities Exchange Act. Upon the filing of Form 15F, KPN’s reporting obligations under the U.S. Securities Exchange Act will be immediately suspended. The deregistration will be effective 90 days after the filing, unless the Form 15F is withdrawn by KPN prior to such time. KPN reserves the right to delay or withdraw for any reason the filing of the Form 25 and Form 15F.

The deregistration by KPN will also cover KPN’s outstanding U.S. dollar denominated bonds issued in 2000. KPN’s obligations to its bondholders will not be affected by the deregistration.

KPN will continue to publish its Annual Report, Accounts and other material investor communications on its corporate website, in accordance with U.S. Securities Exchange Act Rule 12g3-2 (b).

KPN’s CFO Marcel Smits commented: “ Eliminating the complexities of multiple listings is a component of our overall drive towards a simplified and more cost effective company. Due to the continued globalization of the capital markets we believe that a single listing on Euronext Amsterdam will satisfy our future capital requirements. The focus on improved quality of internal control and risk management that was achieved in order to comply with the requirements of Sarbanes Oxley legislation has been helpful to our company and such focus will not diminish. “

About KPN

KPN is the leading provider of telecommunications services in the Netherlands, serving customers with wireline and wireless telephony-, internet- and TV services. To business customers, KPN delivers voice-, internet- and data services as well as fully-managed, outsourced ICT solutions. Both nationally and internationally, KPN provides wholesale network services to third parties, including operators and service providers. In Germany and Belgium, KPN pursues a multi-brand strategy with its mobile operations, and serves multiple customer segments in consumer as well as business markets.

At September 30, 2007, KPN served 5.5 million wireline voice subscribers, 9.1 million mobile customers, 2.6 million Internet customers and 0.4 million TV customers in the Netherlands as well as 16.8 million mobile customers in Germany and Belgium. With 27,155 individuals (24,890 FTEs), KPN posted revenues of EUR 8.9bn, with an EBITDA of EUR 3.7bn in the period January - September 2007. KPN was incorporated in 1989 and is listed on the Amsterdam, New York, London and Frankfurt stock exchanges.