Progress on EUR 1 bn share repurchase program KPN

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Den Haag, 6-12-10



Further to the share repurchase program announced on 26 January 2010, KPN announces that, from 29 November 2010 to 3 December 2010, it has repurchased 4.410.000 KPN ordinary shares at an average price of EUR 11.10. To date, approximately 97% 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.