KPN today commences EUR 1 billion share repurchase program

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Den Haag, 22-2-08

Today, KPN announces that it commences the EUR 1 billion share repurchase program, which was announced on 5 February together with the Annual Results 2007.


With this EUR 1 billion share repurchase program KPN continues to deliver on its commitment to return unutilized surplus cash to shareholders. During the repurchase program a weekly press release will be published with an update on the progress made. The repurchase program will be executed within the limitations imposed by KPN’s Annual General Meeting of Shareholders. KPN will continue the program also during closed periods. All repurchased shares will be cancelled.