KPN REACHES TENTATIVE AGREEMENT ON POTENTIAL KPNQWEST SETTLEMENT

     (The following press release from Royal KPN NV was received by e-mail. The 
sender verified the statement.) 
Press release: Tentative agreement reached on potential settlement KPNQwest
Date:19 November 2013 
Tentative agreement reached on potential settlement KPNQwest 
Royal KPN N.V. (“KPN”) has reached a tentative agreement on the principal 
financial terms of a potential settlement of the litigation initiated by the 
bankruptcy trustees of KPNQwest (the “trustees”). KPN’s cash contribution to 
the potential settlement will be EUR 50 million.  
The trustees commenced litigation against KPN, Qwest (which has been acquired 
by CenturyLink) and certain former directors of KPNQwest related to the 
bankruptcy of KPNQwest in 2002. The trustees claim mismanagement by KPNQwest 
and in connection therewith hold KPN, as one of the shareholders, liable for 
damages. The total claim of the trustees amounts to approximately EUR 2.2 
billion.  
KPN, CenturyLink and the trustees together reached a tentative agreement for a 
total potential settlement of EUR 260 million, of which KPN will contribute EUR 
50 million. The tentative agreement is subject to several conditions, including 
the negotiation and execution of a definitive settlement agreement and the 
approval of the Dutch bankruptcy court. After reaching a definitive settlement 
agreement the trustees’ litigation will be terminated. Furthermore, KPN will 
waive certain claims against the bankruptcy estate, which have been contested 
by the trustees.