Progress on EUR 1 bn share repurchase program KPN

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Den Haag, 14-6-11



Further to the share repurchase program announced on 26 January 2011, KPN announces that, from 6 June to 10 June 2011, it has repurchased 7,317,184 KPN ordinary shares at an average price of EUR 10.01. To date, approximately 64% of the repurchase program has been completed. The repurchase program that started on 21 February 2011 is expected to be finalised around 1 October 2011.