United Pan-Europe Communications N.V.

DateInflation Amount Per Share*
2/12/1999**$10.7929***
2/16/1999$10.7929
2/17/1999$10.234
2/18/1999$9.8267
2/19/1999$9.4662
2/22/1999$9.1064
2/23/1999$8.4853
2/24/1999$8.7232
2/25/1999$8.7789
2/26/1999$9.4827
3/1/1999$8.5419
3/2/1999$8.7443
3/3/1999$7.5586
3/4/1999$8.1204
3/5/1999$8.1965
3/8/1999$9.2114
3/9/1999$9.0245
3/10/1999$8.5668
3/11/1999$9.2895
3/12/1999$8.2997
3/15/1999$7.9577
3/16/1999$8.2353
3/17/1999$7.785
3/18/1999$7.6031
3/19/1999$7.963
3/22/1999$7.6052
3/23/1999$7.4669
3/24/1999$6.505
3/25/1999$7.5599
3/26/1999$8.199
3/29/1999$8.2794
3/30/1999$8.018
3/31/1999$8.868
4/1/1999$9.2569
4/5/1999$8.875
4/6/1999$9.5567
4/7/1999$9.8212
4/8/1999$10.7927
4/9/1999$10.7929
4/12/1999$10.7775
4/13/1999$10.7929
4/14/1999$10.7929
4/15/1999$10.7929
4/16/1999$10.7929
4/19/1999$10.7929
4/20/1999$10.7929
4/21/1999$10.7929
4/22/1999$10.7929
4/23/1999$10.7929
4/26/1999$10.7929
4/27/1999$10.7929
4/28/1999$10.7929
4/29/1999$10.7929
4/30/1999$10.7929
5/3/1999$10.7929
5/4/1999$10.7929
5/5/1999$10.7929
5/6/1999$10.7929
5/7/1999$10.7929
5/10/1999$10.7929
5/11/1999$10.7929
5/12/1999$10.7929
5/13/1999$10.7929
5/14/1999$10.7929
5/17/1999$10.7929
5/18/1999$10.7929
5/19/1999$10.7929
5/20/1999$10.7929
5/21/1999$10.7929
5/24/1999$10.7929
5/25/1999$10.7929
5/26/1999$10.7929
5/27/1999$10.7929
5/28/1999$10.7929
6/1/1999$10.7929
6/2/1999$10.7929
6/3/1999$10.7929
6/4/1999$10.7929
6/7/1999$10.7929
6/8/1999$10.7929
6/9/1999$10.7929
6/10/1999$10.7929
6/11/1999$10.7929
6/14/1999$10.7929
6/15/1999$10.7929
6/16/1999$10.7929
6/17/1999$10.7929
6/18/1999$10.7929
6/21/1999$10.7929
6/22/1999$10.7929
6/23/1999$10.7929
6/24/1999$10.7929
6/25/1999$10.7929
6/28/1999$10.7929
6/29/1999$10.7929
6/30/1999$10.7929
7/1/1999$10.7929
7/2/1999$10.7929
7/6/1999$10.7929
7/7/1999$10.7929
7/8/1999$10.7929
7/9/1999$10.7929
7/12/1999$10.7929
7/13/1999$10.7929
7/14/1999$10.7929
7/15/1999$10.7929
7/16/1999$10.7929
7/19/1999$10.7929
7/20/1999$10.7929
7/21/1999$10.7929
7/22/1999$10.7929
7/23/1999$10.7929
7/26/1999$10.7929
7/27/1999$10.7929
7/28/1999$10.7929
7/29/1999$10.7929
7/30/1999$10.7929
8/2/1999$10.7929
8/3/1999$10.7929
8/4/1999$10.7929
8/5/1999$10.7929
8/6/1999$10.7929
8/9/1999$10.7929
8/10/1999$10.7929
8/11/1999$10.7929
8/12/1999$10.7929
8/13/1999$10.7929
8/16/1999$10.7929
8/17/1999$10.7929
8/18/1999$10.7929
8/19/1999$10.7929
8/20/1999$10.7929
8/23/1999$10.7929
8/24/1999$10.7929
8/25/1999$10.7929
8/26/1999$10.7929
8/27/1999$10.7929
8/30/1999$10.7929
8/31/1999$10.7929
9/1/1999$10.7929
9/2/1999$10.7929
9/3/1999$10.7929
9/7/1999$10.7929
9/8/1999$10.7929
9/9/1999$10.7929
9/10/1999$10.7929
9/13/1999$10.7929
9/14/1999$10.7929
9/15/1999$10.7929
9/16/1999$10.7929
9/17/1999$10.7929
9/20/1999$10.7929
9/21/1999$10.7929
9/22/1999$10.7929
9/23/1999$10.7929
9/24/1999$10.7929
9/27/1999$10.7929
9/28/1999$10.7929
9/29/1999$10.7929
9/30/1999$10.7929
10/1/1999$10.7929
10/4/1999$10.7929
10/5/1999$10.7929
10/6/1999$10.7929
10/7/1999$10.7929
10/8/1999$10.7929
10/11/1999$10.7929
10/12/1999$10.7929
10/13/1999$10.7929
10/14/1999$10.7929
10/15/1999$10.7929
10/18/1999$10.7929
10/19/1999$10.7929
10/20/1999$10.7929
10/21/1999$10.7929
10/22/1999$10.7929
10/25/1999$10.7929
10/26/1999$10.7929
10/27/1999$10.7929
10/28/1999$10.7929
10/29/1999$10.7929
11/1/1999$10.7929
11/2/1999$10.7929
11/3/1999$10.7929
11/4/1999$10.7929
11/5/1999$10.7929
11/8/1999$10.7929
11/9/1999$10.7929
11/10/1999$10.7929
11/11/1999$10.7929
11/12/1999$10.7929
11/15/1999$10.7929
11/16/1999$10.7929
11/17/1999$10.7929
11/18/1999$10.7929
11/19/1999$10.7929
11/22/1999$10.7929
11/23/1999$10.7929
11/24/1999$10.7929
11/26/1999$10.7929
11/29/1999$10.7929
11/30/1999$10.7929
12/1/1999$10.7929
12/2/1999$10.7929
12/3/1999$10.7929
12/6/1999$10.7929
12/7/1999$10.7929
12/8/1999$10.7929
12/9/1999$10.7929
12/10/1999$10.7929
12/13/1999$10.7929
12/14/1999$10.7929
12/15/1999$10.7929
12/16/1999$10.7929
12/17/1999$10.7929
12/20/1999$10.7929
12/21/1999$10.7929
12/22/1999$10.7929
12/23/1999$10.7929
12/27/1999$10.7929
12/28/1999$10.7929
12/29/1999$10.7929
12/30/1999$10.7929
12/31/1999$10.7929
1/3/2000$10.7929
1/4/2000$10.7929
1/5/2000$10.7929
1/6/2000$10.7929
1/7/2000$10.7929
1/10/2000$10.7929
1/11/2000$10.7929
1/12/2000$10.7929
1/13/2000$10.7929
1/14/2000$10.7929
1/18/2000$10.7929
1/19/2000$10.7929
1/20/2000$10.7929
1/21/2000$10.7929
1/24/2000$10.7929
1/25/2000$10.7929
1/26/2000$10.7929
1/27/2000$10.7929
1/28/2000$10.7929
1/31/2000$10.7929
2/1/2000$10.7929
2/2/2000$10.7929
2/3/2000$10.7929
2/4/2000$10.7929
2/7/2000$10.7929
2/8/2000$10.7929
2/9/2000$10.7929
2/10/2000$10.7929
2/11/2000$10.7929
2/14/2000$10.7929
2/15/2000$10.7929
2/16/2000$10.7929
2/17/2000$10.7929
2/18/2000$10.7929
2/22/2000$10.7929
2/23/2000$10.7929
2/24/2000$10.7929
2/25/2000$10.7929
2/28/2000$10.7929
2/29/2000$10.7929
3/1/2000$10.7929
3/2/2000$10.7929
3/3/2000$10.7929
3/6/2000$10.7929
3/7/2000$10.7929
3/8/2000$10.7929
3/9/2000$10.7929
3/10/2000$10.7929
3/13/2000$10.7929
3/14/2000$10.7929
3/15/2000$10.7929
3/16/2000$10.7929
3/17/2000$10.7929
3/20/2000$10.7929
3/21/2000$10.7929
3/22/2000$10.7929
3/23/2000$10.7929
3/24/2000$10.7929
3/27/2000$10.7929
3/28/2000$10.7929
3/29/2000$10.7929
3/30/2000$10.7929
3/31/2000$10.7929
4/3/2000$10.7929
4/4/2000$10.7929
4/5/2000$10.7929
4/6/2000$10.7929
4/7/2000$10.7929
4/10/2000$10.7929
4/11/2000$10.7929
4/12/2000$10.7929
4/13/2000$10.7929
4/14/2000$10.7929
4/17/2000$10.7929
4/18/2000$10.7929
4/19/2000$10.7929
4/20/2000$10.7929
4/24/2000$10.7929
4/25/2000$10.7929
4/26/2000$10.7929
4/27/2000$10.7929
4/28/2000$10.7929
5/1/2000$10.7929
5/2/2000$10.7929
5/3/2000$10.7929
5/4/2000$10.7929
5/5/2000$10.7929
5/8/2000$10.7929
5/9/2000$10.7929
5/10/2000$10.7929
5/11/2000$10.7929
5/12/2000$10.7929
5/15/2000$10.7929
5/16/2000$10.7929
5/17/2000$10.7929
5/18/2000$10.7929
5/19/2000$10.4845
5/22/2000$10.7481
5/23/2000$10.0152
5/24/2000$10.6149
5/25/2000$10.7929
5/26/2000$10.7929
5/30/2000$10.7929
5/31/2000$10.7929
6/1/2000$10.7929
6/2/2000$10.7929
6/5/2000$10.7929
6/6/2000$10.7929
6/7/2000$10.7929
6/8/2000$10.7929
6/9/2000$10.7929
6/12/2000$10.7929
6/13/2000$10.7929
6/14/2000$10.7929
6/15/2000$10.7929
6/16/2000$10.7929
6/19/2000$10.7929
6/20/2000$10.7929
6/21/2000$10.7929
6/22/2000$10.7929
6/23/2000$10.7929
6/26/2000$10.7929
6/27/2000$10.7929
6/28/2000$10.7929
6/29/2000$10.7929
6/30/2000$10.7929
7/3/2000$10.7929
7/5/2000$10.7929
7/6/2000$10.7929
7/7/2000$10.7929
7/10/2000$10.7929
7/11/2000$10.7929
7/12/2000$10.7929
7/13/2000$10.7929
7/14/2000$10.7929
7/17/2000$10.7929
7/18/2000$10.7929
7/19/2000$10.7929
7/20/2000$10.7929
7/21/2000$10.7929
7/24/2000$10.7929
7/25/2000$10.7929
7/26/2000$10.7929
7/27/2000$10.7929
7/28/2000$10.7929
7/31/2000$10.7929
8/1/2000$10.7929
8/2/2000$10.7929
8/3/2000$10.7929
8/4/2000$10.7929
8/7/2000$10.7929
8/8/2000$10.7929
8/9/2000$10.7929
8/10/2000$10.7929
8/11/2000$10.7929
8/14/2000$10.7929
8/15/2000$10.7929
8/16/2000$10.7929
8/17/2000$10.7929
8/18/2000$10.7929
8/21/2000$10.7929
8/22/2000$10.7929
8/23/2000$10.7929
8/24/2000$10.7929
8/25/2000$10.7929
8/28/2000$10.7929
8/29/2000$10.7111
8/30/2000$10.7929
8/31/2000$10.7929
9/1/2000$10.7929
9/5/2000$10.7929
9/6/2000$10.7929
9/7/2000$10.7929
9/8/2000$10.7929
9/11/2000$10.7929
9/12/2000$10.7929
9/13/2000$10.7929
9/14/2000$10.7929
9/15/2000$10.7929
9/18/2000$10.7929
9/19/2000$10.7399
9/20/2000$9.779
9/21/2000$8.3225
9/22/2000$10.3618
9/25/2000$10.3025
9/26/2000$10.507
9/27/2000$10.3042
9/28/2000$10.3093
9/29/2000$10.3768
10/2/2000$10.5422
10/3/2000$10.7323
10/4/2000$10.7929
10/5/2000$10.7929
10/6/2000$10.7929
10/9/2000$10.7059
10/10/2000$10.3252
10/11/2000$8.7772
10/12/2000$6.3965
10/13/2000$7.4207
10/16/2000$5.2481
10/17/2000$3.8519
10/18/2000$4.369
10/19/2000$4.812
10/20/2000$4.8842
10/23/2000$5.3463
10/24/2000$8.0753
10/25/2000$8.5436
10/26/2000$8.5302
10/27/2000$9.8336
10/30/2000$9.9766
10/31/2000$10.0857
11/1/2000$10.7519
11/2/2000$10.7929
11/3/2000$10.2472
11/6/2000$10.266
11/7/2000$9.767
11/8/2000$9.7606
11/9/2000$8.6258
11/10/2000$8.7523
11/13/2000$8.2993
11/14/2000$7.4382
11/15/2000$5.208
11/16/2000$4.6368
11/17/2000$1.3334
11/20/2000$0
11/21/2000$0
11/22/2000$0
11/24/2000$0.6091
11/27/2000$5.4423
11/28/2000$4.1688
11/29/2000$3.2795
11/30/2000$4.9568
12/1/2000$4.7398
12/4/2000$4.2482
12/5/2000$0.0677
12/6/2000$0

* Data shown are adjusted forward for all stock splits between the IPO and 12/6/00.

** Purchases on a date not listed in the chart above have no artificial inflation.

*** Purchases in the IPO itself at $32.78 per share have no artificial inflation.