A total of one million shares are to be made available. However, if demand is high more could be released.

The lucky winners will have the option to receive the market value of the shares in cash on December 5, 2003, or they can sell at market value on December 5, 2002.

KPN is an institution in Holland and the lottery board insists that a change in fortunes for the national carrier would be good news for the nation as a whole.

The share purchases is to be processed by a Netherlands based private bank.