Progress on EUR 1 bn share repurchase program KPN

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Den Haag, 15-12-08

Further to the share repurchase program announced on 22 October 2008, KPN announces that, from 8 December to 12 December 2008, it has repurchased 1,378,486 KPN ordinary shares at an average price of EUR 10.60. To date, approximately 5% of the repurchase program has been completed. The repurchase program that started on 19 November 2008 will run through 31 December 2009.