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Progress on share repurchase program KPN
Den Haag, 4-8-08
Further to the share repurchase program announced on 5 February 2008, KPN announces that, during 28 July to 1 August 2008, it has repurchased 231,640 KPN ordinary shares at an average price of EUR 10.91. To date, approximately 80% 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 231,640 KPN shares in the period from July 28 through August 1, 2008 to cover the obligations from its management share remuneration plan.
