EUR600million multicurrency revolving credit facility for TPG N.V

TPG N.V. is pleased to announce the successful completion of a five year €600million Multicurrency Revolving Credit Facility (the “Facility”). The Facility replaces the Company’s existing €500million facility signed July 1999. It will be used as liquidity backup for TPG’s commercial paper programme and for general funding purposes.

ABN AMRO Bank N.V. and Banc of America Securities Limited acted as Mandated Lead Arrangers and Bookrunners; ING Bank N.V. acted as Mandated Lead Arranger and Documentation Agent; and The Royal Bank of Scotland plc acted at Mandated Lead Arranger and Facility Agent.

Following is a list of the banks participating in the Facility:

Mandated Lead Arranger
ABN AMRO Bank N.V.
Banc of America Securities Limited
ING Bank N.V.
The Royal Bank of Scotland
Arranger
Barclays Bank PLC
BNP Paribas
Citigroup
Commonwealth Bank of Australia
Deutsche Bank Luxembourg S.A.
Fortis Bank (Nederland) N.V.
HSBC Bank plc
JPMorgan Chase Bank
Banque LBLux S.A.
UBS Investment Bank

Senior Lead Manager
Banesto
COMMERZBANK AKTIENGESELLSCHAFT
Danske Bank
UniCredito Italiano, London Branch

TPG, with its two brands TNT and Royal TPG Post, is a global provider of
mail, express and logistics services. The group employs over 160,000 people
in 62 countries and serves over 200 countries. For 2002 the company reported
sales of € 11.7 billion, an increase of 5% over the previous year. In the first half of 2003 sales have grown by 1%. TPG is publicly listed on the stock
exchanges of Amsterdam, New York, London and Frankfurt.