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Progress on EUR 1 bn share repurchase program KPN



Den Haag, 18-5-09

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Further to the share repurchase program announced on 22 October 2008, KPN announces that, from  11 May to 15 May 2009, it has repurchased 1,187,240 KPN ordinary shares at an average price of EUR 9.51. To date, approximately 54% of the repurchase program has been completed. The repurchase program that started on 19 November 2008 will run through 31 December 2009.