KPN FOUNDATION `CONCERNED' ABOUT DEVELOPMENTS REGARDING KPN
(The following press release from the Foundation Preference Shares B KPN was received by e-mail. The sender verified the statement.)
The Foundation Preference Shares B KPN expresses concern
The Foundation Preference Shares B KPN, an independent legal entity, is concerned about developments regarding KPN over the past few days. The Foundation notes that there is considerable uncertainty about América Móvil’s intentions in the light of its only briefly clarified announcement of its intention to make a public offer for the shares in KPN it does not already own, and regarding its position on the further strategic development of KPN, including KPN’s intention to sell its German subsidiary E-Plus. The Foundation will consider the resulting situation in relation to the goals of the Foundation. The Foundation was set up to represent the interests of KPN, its associated entities and its stakeholders, in part by protecting KPN as much as possible from influences that might threaten the continuity, independence or identity of KPN entities.