Netia Announces HR And IT Management Changes

Business Wire, May 16, 2001

Business and Technology Editors

WARSAW, Poland--(BUSINESS WIRE)--May 16, 2001

Netia Holdings SA (Nasdaq: NTIA, WSE: NET), Poland's largest alternative fixed-line telecommunications services provider, today announced that Zbigniew Elszt, VP Human Resources, and Waldemar Ziomek, VP Information Technology, have resigned from the Management Board and will leave the company in the near future.

Mattias Gadd, President and CEO, said, "We would like to thank Zbigniew Elszt and Waldemar Ziomek for their contributions to Netia's development during their term with the company. We wish them continued professional and personal success."

Messrs. Elszt and Ziomek have chosen to leave for personal reasons, and will be actively and constructively engaged in the transition period. Netia is evaluating both internal and external candidates for these positions and expects to make appointments within the next couple of months.

NETIA HOLDINGS is the largest alternative fixed-line telecommunications operator in Poland. Netia has 24 licenses for local telecommunications services in territories covering some 15 million people or approximately 40% of the Polish population, which include the most economically advanced parts of the country. The Company's existing local telephone license territories cover six of the country's ten largest urban areas including Warsaw, Krakow, Poznan, Gdansk, Lublin and Katowice. Netia has also secured the benefit of a nationwide data and IP license to provide data transmission and Internet-based services. In May 2000, the Netia 1 consortium was issued a nationwide domestic long distance voice license.