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Progress on share repurchase program KPN
Den Haag, 25-8-08
Further to the share repurchase program announced on 5 February 2008, KPN announces that, during 18 August to 22 August 2008, it has repurchased 5,508,500 KPN ordinary shares at an average price of EUR 11.15. To date, approximately 91% 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 1,962,326 KPN shares in the period from August 18 through August 22, 2008 to cover the obligations from its management share remuneration plan.
