USPS statement on agreement with GLS

STATEMENT OF AZEEZALY S. JAFFER, VICE PRESIDENT OF PUBLIC AFFAIRS AND COMMUNICATIONS

In January 2002, the United States Postal Service announced an agreement with Royal Mail to use their pan European delivery network to deliver Global Express Mail and Air Parcel Post to 23 countries.

This agreement formally expires on December 31, 2004 and the Postal Service and Royal Mail have mutually agreed to let the contract expire on that date.

The Postal Service will revert to the individual Foreign Postal Administration for delivery of these two products in each country that Royal Mail’s subsidiary, GLS, served effective January 1, while GLS will continue to focus on its core product: Business to Business deliveries utilizing commercial customs clearance.

Royal Mail, through its United Kingdom (UK) parcel arm, Parcelforce, will remain the Postal Service’s delivery provider for the UK to deliver parcels in that country.