Press Release

TNT N.V. – Purchase of shares for hedging purposes

Publish Date : 3 May 2006 at 08:00 CET - Amsterdam, TNT N.V. announces today the purchase of 2.7 million ordinary TNT N.V. shares to hedge its obligations under the existing share and share option plans. The share purchase commences today and is expected to end after six weeks.

The maximum consideration to be paid per ordinary share under the purchase is the higher of the price of the last independent trade in TNT shares and the highest current independent bid price on Euronext. Furthermore, this price will not exceed the normal trade price plus ten percent. The normal trade price is the average closing price during the five trading days prior to the day of purchase. The announced purchase will be executed by ABN AMRO Bank 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 (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: 3 May 2006 at 08:00 CET