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Creditor Vote On Approval of Netia South Arrangement Proceedings Rescheduled.


Business and Technology Editors

WARSAW Warsaw (wôr`sô), Pol. Warszawa, city (1993 est. pop. 1,655,700), capital of Poland and of Mazowieckie prov., central Poland, on both banks of the Vistula River. , Poland--(BUSINESS WIRE)--Aug. 13, 2002

Netia Holdings S.A. (Nasdaq: NTIAQ/NTIDQ, WSE WSE Web Services Enhancements (Microsoft)
WSE Warsaw Stock Exchange (Warsaw, Poland)
WSE Symposium on Web Site Evolution (IEEE International Symposum) 
: NET), Poland's largest alternative provider of fixed-line Refers to wired devices. For example, a fixed-line phone is a standard phone with the handset wired to the base unit in contrast to a portable phone or cellphone.  telecommunications services In telecommunication, the term telecommunications service has the following meanings:

1. Any service provided by a telecommunication provider.

2.
, today announced that the creditors' meeting to vote on the approval of the arrangement proceedings of Netia South Sp. z o.o., a subsidiary of the Company, was re-scheduled by the court due to procedural reasons and as a result of the submission of a new arrangement plan proposal by Netia South Sp. z o.o. The court now scheduled the meeting at which creditors' votes will be calculated for August 29, 2002.

Some of the information contained in this news release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. For a more detailed description of these risks and factors, please see the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F filed with the Commission on March 28, 2002, its Current Report on Form 6-K filed with the Commission on April 3, 2002, its Current Reports on Forms 6-K filed with the Commission on May 6, 2002, its Current Report on Form 6-K filed with the Commission on May 7, 2002, its Current Report on Form 6-K filed with the Commission on May 20, 2002, its Current Report on Form 6-K filed with the Commission on May 24, 2002, its Current Report on Form 6-K filed with the Commission on June June: see month.  28, 2002, its Current Report on Form 6-K filed with the Commission on July July: see month.  2, 2002, its Current Report on Form 6-K filed with the Commission on July 31, 2002, and its Current Report on Form 6-K filed with the Commission on August 2, 2002, its Current Reports on Form 6-K filed with the Commission on August 6, 2002, and its Current Report on Form 6-K filed with the Commission on August 9, 2002. The Company undertakes no obligation to publicly update or revise any forward-looking statements.
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Publication:Business Wire
Date:Aug 13, 2002
Words:356
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