Press Release


TNTs Extraordinary General Meeting of Shareholders approves sale of logistics division

Publish Date : 29 September 2006 at 15:45 CET - Amsterdam, TNT N.V. today announced that the Extraordinary General Meeting of Shareholders (EGM) has approved the sale of the Logistics division to Louis No. 3 Limited, a company formed and managed by Apollo Management VI, L.P. Completion of the transaction is expected in the fourth quarter of 2006. Furthermore, the EGM adopted the proposed reduction of the issued capital through cancellation of 570,297 ordinary shares. This follows the company's aim to further simplify its capital structure.

About TNT N.V.
TNT N.V. provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and is expanding operations worldwide to maximize its network performance. TNT serves more than 200 countries and employs over 128,000 people. In the first half of 2006, TNT reported € 5.3 billion in revenues and 671 million EBIT from continuing operations. TNT N.V. is publicly listed on the stock exchanges of Amsterdam and New York. TNT recognizes its social responsibility, and has formed partnerships with the United Nations World Food Programme and the United Nations Environmental Programme to fight hunger and pollution in the world.

Page publication date: 29 September 2006 at 15:45 CET