RNS Number:0951T
Koninklijke KPN NV
10 December 2003 

                                                                Number        
                                                                074pe

Clarification on press release from    
earlier today on outlook 2004 - 2005
 
Due to some unclarity around our press release earlier today on our mid-term
outlook, KPN management would like to state the following:

*  The guidance on profit before tax provided is a conservative estimate. There
   is an upward potential amounting to Euro 300 million for 2004 as well as 2005,
   which would result in Euro 1.7 billion for 2004 and Euro 1.8 billion for 2005.

*  Furthermore, we would stress that the depreciation on the UMTS licences as
   of 2004 reflects regular amortization, and should not be confused with an
   impairment.

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