20 May 2016 - The company

KPN declares special interim dividend of EUR 0.025 per share unconditional

On 29 April 2016 KPN announced its intention to distribute the Telefónica Deutschland dividend over 2015 to its shareholders in the form of a special interim dividend distribution of EUR 0.025 per ordinary share.

During the Annual General Meeting of Telefónica Deutschland the proposed dividend was approved and KPN has received the amount of EUR 110m.

Today, KPN declares the special interim dividend of EUR 0.025 per ordinary share unconditional and confirms the ex-dividend date of 24 May 2016. The dividend will be paid in cash, net of 15% dividend withholding tax, on 27 May 2016.

The 15.5% stake in Telefónica Deutschland is treated as a financial investment. KPN benefits from dividend payments by Telefónica Deutschland and additional financial flexibility.