THE HAGUE -- As per 14 February 2006, KPN and Telstra have transferred their total holdings in Xantic B.V. to the Canadian Stratos Global Corporation. KPN had a 65% stake in Xantic, which specializes in global mobile satellite communications, with Telstra of Australia owning the remaining 35%. The consideration is USD 191.3 million in cash. Xantic was no longer considered as being part of KPN's core activities. The transaction will result in a book gain for KPN of approximately EUR 65 million.

KPN Telecom NV (NYSE: KPN)