Progress on EUR 1 bn share repurchase program KPN

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Further to the share repurchase program announced on 26 January 2010, KPN announces that, from 28 June to 2 July 2010, it has repurchased 4,046,702 KPN ordinary shares at an average price of EUR 10.43. To date, approximately 57% of the repurchase program has been completed. The repurchase program that started on 4 February 2010 is expected to be finalised by the end of 2010.