Press Release


TNT and the State of the Netherlands have reached agreement on the transfer of the Special Share

Publish Date : 16 November 2006 at 20:45 CET - Amsterdam - TNT and the State of the Netherlands have reached agreement on the transfer of the Special Share following the ruling by the European Court of Justice on 28 September 2006 that the Special Share contradicts EU law.

The State will transfer the Special Share to TNT for free and both parties have agreed to terminate the special control rights and the other arrangements that are related to the States shareholding in TNT. On its next Annual General Meeting of Shareholders TNT will propose to cancel the Special Share and have its articles of association changed accordingly. Until such date TNT has agreed to neither exercise the rights attached to the Special Share nor sell the Special Share.

About TNT N.V.
TNT 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 around 127,000 people. In the first nine months of 2006, TNT reported € 7.3 billion in revenues and
€ 921 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: 16 November 2006 at 20:45 CET