Progress on share repurchase program KPN

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Den Haag, 31-3-08

Further to the share repurchase program announced on 5 February 2008, KPN announces that, during 24 March to 28 March 2008, it has repurchased 2,200,000 KPN ordinary shares at an average price of EUR 10.94. To date, approximately 21% of the repurchase program has been completed. The repurchase program that started on 22 February 2008 will run through 31 December 2008.