Progress on EUR 1 bn share repurchase program KPN

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Den Haag, 31-5-10



Further to the share repurchase program announced on 26 January 2010, KPN announces that, from 24 May to 27 May 2010, it has repurchased 7,509,606 KPN ordinary shares at an average price of EUR 10.45. To date, approximately 50% of the repurchase program has been completed. The repurchase program that started on 4 February 2010 is expected to be finalised by the end of 2010.