Koninklijke KPN NV - KPN signs compliance charter

Thu Apr 24, 2008 7:04am EDT

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RNS Number:0452T
Koninklijke KPN NV
24 April 2008


KPN signs Compliance Charter with OPTA

KPN and OPTA signed a Compliance Charter today, which set down agreements on 
KPN's internal compliance organization. This Charter fits in with OPTA's new 
vision on supervising and enforcing regulations.

The Charter underscores the fact that OPTA and KPN aim to achieve a professional
relationship based on mutual trust. The agreements laid down in the Charter are
a tangible manifestation of KPN's effective compliance organization. It
describes the internal corporate processes KPN has set up to guarantee that the
company complies with the Telecommunications Act as well as showing how it will
measure its effectiveness. Any infringements that may occur will be spotted far
more quickly using this new approach and immediate action can be taken to
prevent them from happening again. OPTA will bear this in mind in its modified
sanctions policy.

In addition, the Charter provides clarity on the way KPN and OPTA work as well
as pinpointing differences in interpretation. There were frequent discussions in
the past about the specific interpretation of regulations under the
Telecommunications Act. Now that a working agreement has been reached on dealing
with differences in interpretation, KPN hopes it will gain clarification on a
possible difference in interpretation far sooner.

By making its compliance program visible and opening up communications with
OPTA, KPN is creating a new way of shouldering responsibility with a view to
complying with obligations in the Telecommunications Act.


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