Back to Contents

List
  of Principal Subsidiaries

The following table sets forth the name and jurisdiction of incorporation of, and our ownership and voting interest (if different) in, our principal operating subsidiaries and other principal interests as of February 25, 2005.

|Name
      of Subsidiaries and other principal interests | Country
      of incorporation                                                       |                       | Percentage
      ownership/
      voting 
      interest |      
|-------------------------------------------------------- | ------------------------------------------------------------------------------------ | --------------------- | -------------------------------------------------------- | -----
|                                                         |                                                                                      |                       |                                                          |      
|KPN
      Telecom B.V.:                                  | The
      Netherlands                                                                |                       | 100.0                                                    |      
|                                                        | KPN
      EnterCom Solutions B.V.                                                    | The
      Netherlands |                                                          | 100.0
|                                                        | KPN
      EuroRings B.V.                                                             | The
      Netherlands |                                                          | 100.0
|                                                        | EuroWeb
      International Corp.                                                    | USA                   |                                                          | 43.54
|                                                        | KPN
      Satcom B.V.:                                                               | The
      Netherlands |                                                          | 100.0
|                                                         | oXantic
      B.V.                                                                   | The
      Netherlands |                                                          | 65.0 
|                                                        | Infonet
      Nederland B.V.                                                         | The
      Netherlands |                                                          | 100.0
|                                                        | HubHop
      B.V.                                                                    | The
      Netherlands |                                                          | 100.0
|                                                        | PanTel
      Rt.                                                                     | Hungary               |                                                          | 75.19
|KPN
      Telecommerce B.V.:                             | The
      Netherlands                                                                |                       | 100.0                                                    |      
|                                                        | KPN
      Consumer Internet and Media Services B.V.                                  | The
      Netherlands |                                                          | 100.0
|                                                         | oXS4ALL
      Holding B.V.                                                           | The
      Netherlands |                                                          | 100.0
|                                                         | oSNT
      Group N.V.                                                                | The
      Netherlands |                                                          | 93.70
|KPN
      Mobile Holding B.V.:                           | The
      Netherlands                                                                |                       | 100.0                                                    |      
|                                                        | GMI
      Mobilfunk Beteiligungen GmbH                                               | Germany               |                                                          | 100.0
|                                                         | oE-Plus
      Mobilfunk GmbH & Co.KG                                                 | Germany               |                                                          | 22.51
|                                                        | KPN
      Mobile N.V.:                                                               | The
      Netherlands |                                                          | 97.84
|                                                         | oKPN
      Mobile The Netherlands B.V.                                               | The
      Netherlands |                                                          | 100.0
|                                                         | oKPN
      Mobile International B.V.                                                 | The
      Netherlands |                                                          | 100.0
|                                                         | oBASE
      N.V./S.A.                                                                | Belgium               |                                                          | 100.0
|                                                         | oE-Plus
      Mobilfunk GmbH & Co.KG                                                 | Germany               |                                                          | 77.49
|KPN
      Vastgoed & Facilities B.V.                     | The
      Netherlands                                                                |                       | 100.0                                                    |      
|                                                         |                                                                                      |                       |                                                          |      
|(a)                                                      | Intended
      merger KPN Telecommerce B.V., SNT Group N.V. and Koninklijke KPN N.V.
|(b)                                                      | NTT
      DoCoMo owns the additional 2.16% of KPN Mobile N.V.                       
|(c)                                                      | Ownership
      interest of KPN Mobile N.V.