TNT not participating in sales process of Belgian Post

TNT today announces that it is not participating in the sales process launched by the Belgian Government to sell a minority stake in Belgian De Post/La Poste (‘DP/LP’). TNT has stated in the past that, under the right conditions it would be interested in a stake in the DP/LP. TNT has now stopped investigating the possibilities to enter into a partnership.

TNT’s European mail expansion strategy focuses on stepping into attractive postal markets, by building up its own networks and by creating alliances with the incumbent postal operators. TNT carefully plans and decides which method of market entry will deliver the best results for each country, given the speed of liberalization, the structure of the market and the attractiveness of the privatization opportunity.

So far, through its European Mail Networks, TNT has successfully built up networks in eight European countries and is achieving accelerated growth. Volume growth in EMN is countering the declines in the addressed Dutch mail volumes. With an innovative and creative strategy in specific countries, TNT is reshaping the European postal industry and challenging the incumbent postal operators.

TNT will also continue to look closely at opportunities to acquire, under the right conditions, stakes in postal operators.

TNT N.V. is a global provider of mail, express and logistics services. The group employs over 160,000 people in 63 countries and serves over 200 countries. For 2004 the company reported sales of € 12.6 billion. TNT N.V. is publicly listed on the stock exchanges of Amsterdam, New York, London and Frankfurt.

For further information, please contact:
Daphne Andriesse
Senior Press Officer TNT Group Media Relations
Tel: + 31 20 500 6224
Mobile: +31 6 109 187 90
E-mail: [email protected]