Progress on EUR 1 bn share repurchase program KPN

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Den Haag, 2-5-11



Further to the share repurchase program announced on 26 January 2011, KPN announces that, from 26 to 29 April 2011, it has repurchased 3,110,173 KPN ordinary shares at an average price of EUR 10.63. To date, approximately 29% of the repurchase program has been completed. The repurchase program that started on 21 February 2011 is expected to be finalised by the end of 2011.