SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

KONINKLIJKE KPN N V

(Last)

(First)

(Middle)

MAANPLEIN 55

(Street)

THE HAGUE

2516 CK

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
EUROWEB INTERNATIONAL CORP [ EWEB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/25/2000

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON STOCK	10/25/2000		X		100,303⁽¹⁾	A	$6.9⁽¹⁾	2,461,014⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	09/30/2003		S		400⁽¹⁾	D	$4.35⁽¹⁾	2,460,614⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	09/30/2003		S		1,000⁽¹⁾	D	$4.32⁽¹⁾	2,459,614⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	09/30/2003		S		1,800⁽¹⁾	D	$4.3⁽¹⁾	2,457,814⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	10/01/2003		S		2,500⁽¹⁾	D	$4.31⁽¹⁾	2,455,314⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	10/01/2003		S		9,000⁽¹⁾	D	$4.3⁽¹⁾	2,446,314⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	10/01/2003		S		3,500⁽¹⁾	D	$4.25⁽¹⁾	2,442,814⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	10/01/2003		S		6,150⁽¹⁾	D	$4.21⁽¹⁾	2,436,664⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	10/01/2003		S		12,100⁽¹⁾	D	$4.2⁽¹⁾	2,424,564⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	10/01/2003		S		7,700⁽¹⁾	D	$4.19⁽¹⁾	2,416,864⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	10/01/2003		S		100⁽¹⁾	D	$4.17⁽¹⁾	2,416,764⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	10/01/2003		S		5,600⁽¹⁾	D	$4.16⁽¹⁾	2,411,164⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾
COMMON STOCK	10/01/2003		S		3,350⁽¹⁾	D	$4.15⁽¹⁾	2,407,814⁽¹⁾	I⁽²⁾	See Footnote⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
CALL OPTION (RIGHT TO BUY)	$6.9⁽¹⁾	10/25/2000		X			100,303⁽¹⁾	⁽³⁾	⁽³⁾	COMMON STOCK	100,303⁽¹⁾	$0.00	0⁽³⁾	I⁽³⁾	See Footnote⁽³⁾

1. Name and Address of Reporting Person^*

KONINKLIJKE KPN N V

(Last)

(First)

(Middle)

MAANPLEIN 55

(Street)

THE HAGUE

2516 CK

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

KPN TELECOM BV

(Last)

(First)

(Middle)

30,000

THE HAGUE

(Street)

THE NETHERLANDS

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. ON AUGUST 30, 2001, THE ISSUER'S STOCKHOLDERS APPROVED A ONE-FOR-FIVE REVERSE STOCK SPLIT OF THE ISSUER'S COMMON STOCK, WHICH TOOK EFFECT ON DECEMBER 5, 2001. ALL REPORTED INFORMATION HAS BEEN ADJUSTED TO REFLECT THE ONE-FOR-FIVE REVERSE STOCK SPLIT.

2. THESE SHARES ARE OWNED DIRECTLY BY KPN TELECOM B.V., WHICH IS A WHOLLY OWNED SUBSIDIARY OF KONINKLIJKE KPN N.V. KONINKLIJKE KPN N.V. IS INDIRECT BENEFICIAL OWNER OF THE REPORTED SECURITIES.

3. PURSUANT TO AN OPTION AGREEMENT DATED AS OF NOVEMBER 19, 1999 (AND AMENDED AND RESTATED ON DECEMBER 13, 1999) BETWEEN KPN TELECOM B.V. AND THE ISSUER, THE ISSUER GRANTED KPN TELECOM B.V. PROPORTIONAL PURCHASE RIGHTS TO ENABLE KPN TELECOM B.V. TO MAINTAIN ITS 51% OWNERSHIP POSITION. EACH OPTION MAY ONLY BE EXERCISED BY KPN TELECOM B.V. UPON EXERCISE BY A THIRD PARTY OF AN OPTION OR WARRANT FOR AN IDENTICAL NUMBER OF SHARES OF ISSUER COMMON STOCK, AS SPECIFIED IN THE AMENDED AND RESTATED OPTION AGREEMENT. THESE PURCHASE RIGHTS ARE HELD DIRECTLY BY KPN TELECOM B.V., WHICH IS A WHOLLY OWNED SUBSIDIARY OF KONINKLIJKE KPN N.V. KONINKLIJKE KPN N.V. IS INDIRECT BENEFICIAL OWNER OF THE PURCHASE RIGHTS.

	/s/ C.J. BOOGAERDT, DEPUTY TREASURER, KONINKLIJKE KPN N.V., BY POWER OF ATTORNEY	10/02/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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