Resilient performance in Q3 2009

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Den Haag, 27-10-09

Q3 results reflect focus on EBITDA, free cash flow and market shares

Highlights

• Focus on EBITDA, free cash flow and market shares continues to deliver
• EBITDA up 4.4% y-on-y, free cash flow on track, market shares maintained
• Confirming outlook for revenues, EBITDA and free cash flow for 2009 and 2010


“KPN's third quarter results show that our focus on EBITDA, free cash flow and market shares is paying off. With a resilient performance in our Dutch Telco business, solid profitability at Mobile International and an unchanged economic impact on our businesses compared to the first half of 2009, our focus has enabled KPN to maintain market shares and grow EBITDA for the third consecutive quarter, up 4.4% year-on-year. KPN is on track strategically, is soundly financed and we are confident of achieving our 2009 and 2010 objectives. Therefore, we can confirm the outlook for revenues, EBITDA, and free cash flow for 2009 and 2010. We remain committed to our industry-leading shareholder returns and reiterate our target dividend per share of EUR 0.80 for 2010"

Ad Scheepbouwer, CEO KPN

Press release for download here: www.kpn.com/results.htm