Royal KPN N.V. ("KPN") announces that the sale of iBasis Inc. to Tofane Global, as announced on 7 March 2018, has been completed for an undisclosed consideration effective per 7 February 2019. The transaction is in line with KPN's focus on the execution of its successful strategy in The Netherlands. iBasis will continue to deliver international voice termination and data services to KPN.

Kind regards,
KPN Investor Relations

For more information:
KPN Royal Dutch Telecom
Investor Relations
Wilhelminakade 123
3072 AP Rotterdam
Tel: +31 (0)70 4466865
E-mail: ir@kpn.com

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