Press Release


TNT's Annual General Meeting of Shareholders adopts dividend for 2008

Publish Date : 8 April 2009 at 17:30 CET - Amsterdam, TNT N.V. is announcing that the Annual General Meeting of Shareholders (AGM) held today adopted the 2008 financial statements and determined the dividend over 2008 at € 0.34 per ordinary share, duly noting that this amount has already been paid in cash as an interim dividend. In addition it was decided to pay a stock dividend of one ordinary share for every 40 ordinary shares out of the share premium reserve.

During the AGM the following announcements with regard to the Supervisory Board and the Board of Management were made:

  • As per the close of the AGM Ms. G. Kampouri Monnas, Mr. S. Levy and Mr. J.H.M. Hommen have retired in accordance with the rotation plan. Ms. Kampouri Monnas and Mr. Hommen were not available for reappointment, Mr. Levy was available for reappointment and has been reappointed as a member of the Supervisory Board. Further, Ms. P.M. Altenburg has been appointed as a member of the Supervisory Board.
  • As per the close of the AGM in 2010, Mr. V. Halberstadt and Mr. R. King will retire according to the rotation plan of the Supervisory Board.
  • The intention to re-appoint Mr. H.M. Koorstra as member of the Board of Management of TNT for a period of four years.

Furthermore the AGM adopted the following resolutions:

  • To release from liability the members of the Board of Management and the Supervisory Board for their tasks insofar as these tasks are apparent from the financial statements.
  • To extend the designation of the Board of Management as authorised body to issue ordinary shares until 8 October 2010. This authority shall be limited to a maximum of 10% of the issued capital plus a further 10% of the issued capital in case an issue takes place in relation to a merger or an acquisition.
  • To extend the designation of the Board of Management as authorised body to limit or exclude the pre-emptive right to issue ordinary shares until 8 October 2010. This authority shall be limited to a maximum of 10% of the issued capital plus a further 10% of the issued capital in case an issue takes place in relation to a merger or an acquisition.
  • To authorise the Board of Management to have the company acquire its own shares to a maximum of 10% of the issued share capital until 8 October 2010.
  • To reduce the issued share capital by cancelling such number of ordinary shares as will be determined by the Board of Management, with a restriction of 10% of the issued share capital as shown in the annual accounts for the financial year 2008

About TNT
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 maximise its network performance. TNT serves more than 200 countries and employs more than 163,000 people. Over 2008, TNT reported €11.1 billion in revenues and an operating income of €982 million. TNT is quoted on the Amsterdam Stock Exchange. TNT recognises its social responsibility and has formed partnerships with the United Nations World Food Programme and the United Nations Environment Programme to fight hunger and pollution in the world. Our efforts are being recognised: in 2008, TNT again reached the highest score of all companies included in the Dow Jones Sustainability Index and in the Carbon Disclosure Project in the carbon intensive sector.

Page publication date: 8 April 2009 at 17:30 CET