Progress on EUR 1 bn share repurchase program KPN

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Den Haag, 15-11-10

Further to the share repurchase program announced on 26 January 2010, KPN announces that, from 8 to 12 November 2010, it has repurchased 6.705.049 KPN ordinary shares at an average price of EUR 11.83. To date, approximately 81% 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.