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Den Haag, 27-7-10

Profitability again improved through focus on EBITDA, free cash flow and market shares

Highlights

• Continued focus on costs, customer value and market shares in Dutch Telco leads to solid profitability
• Service revenue growth and strong profitability at Mobile International
• Good result German spectrum auction, enabling mobile data as an additional area of growth
• Outlook confirmed, EUR 0.27 interim dividend per share for 2010

“We are satisfied with KPN’s performance in the second quarter, with profitability growing for the eighth consecutive quarter. The continued focus on costs, customer value and market shares of Dutch Telco have led to stable EBITDA in a competitive market. Going forward we remain mindful of the importance of balancing profitability with market shares. Getronics performed well in a continued difficult market environment, whilst iBasis is making good progress under its new management team. Mobile International performed very well with an ongoing strong performance in Belgium and a return to service revenue growth in Germany with a very strong margin. We are particularly pleased with the outcome of the German spectrum auction which allows us to pursue our growth ambitions in this market and, ultimately, enhance shareholder returns. All in all we are confident of achieving our objectives for 2010 and 2011 and have set an interim dividend per share of EUR 0.27 for 2010 leading into the full year target of EUR 0.80 dividend per share.”

Ad Scheepbouwer, CEO KPN

Press release for download here: www.kpn.com/results.htm