Progress on share repurchase program KPN

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Den Haag, 28-7-08

Further to the share repurchase program announced on 5 February 2008, KPN announces that, during 21 July to 25 July 2008, it has repurchased 934,208 KPN ordinary shares at an average price of EUR 10.18. To date, approximately 80% of the repurchase program has been completed. The repurchase program that started on 22 February 2008 will run through 30 September 2008.

Furthermore, KPN repurchased 149,387 KPN shares in the period from 21 through June 25, 2008 to cover the obligations from its management share remuneration plan.