Progress on EUR 1 bn share repurchase program KPN

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Den Haag, 2-2-09

                            

Further to the share repurchase program announced on 22 October 2008, KPN announces that, from 26 January to 30 January 2009, it has repurchased 4,376,816 KPN ordinary shares at an average price of EUR 10.55. To date, approximately 24% of the repurchase program has been completed. The repurchase program that started on 19 November 2008 will run through 31 December 2009.