Press Release

TNT N.V. - Buyback of ordinary shares

Publish Date : 29 March 2006 at 08:30 CET - Amsterdam, March 29, 2006 - Further to the share buyback program announced on 6 December 2005, TNT N.V. announces that:

  • on March 28, 2006, it purchased 260,000 TNT N.V. ordinary shares at an average price of euro 27.9794 per share,
  • during the period from December 6, 2005 until and including March 28, 2006, it purchased 31,119,752 TNT N.V. ordinary shares at an average price of euro 26.8198 per share,
  • the total amount of the share buyback until and including March 28, 2006 therefore amounts to 83.5% of the announced euro 1 billion, and
  • TNT N.V. and ABN AMRO Bank N.V. have agreed upon the extension of their share buyback agreement of December 6, 2005 with one month; all other terms shall remain unchanged.

It is TNT's intention to cancel the repurchased shares.

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 (over 163,500 people including the division Logistics which is intended to be divested). For 2005 the company reported € 10.1 billion in revenues (€ 13.6 billion including Logistics). TNT N.V. is publicly listed on the stock exchanges of Amsterdam, New York, and Frankfurt. 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 March 2006 at 08:30 CET