Press Release

Announcement conversion rate interim dividend 2010

Publish Date : 18 August 2010 at 08:30 CET - Amsterdam, On 2 August 2010, TNT N.V. declared an interim dividend of € 0.28 per ordinary share, that is payable, at the shareholder's election, either wholly in ordinary shares or wholly in cash.

Shareholders who elected an interim dividend in shares will receive one new TNT N.V. ordinary share for every 72 dividend rights. This represents a value of € 0.2892 per dividend right which is 3.30% above the value of the cash dividend. The conversion rate has been based on the volume-weighted average share price of € 20.8256 for all TNT N.V. shares traded on Euronext Amsterdam over a three trading day period from 13 up to and including 17 August 2010.

Over 47% of outstanding capital has elected for dividend to be paid in shares, which results in approximately 2,450,000 new ordinary shares being issued as stock dividend. The stock dividend will be paid out of additional paid in capital as part of the distributable reserves, free of withholding tax in the Netherlands.

The dividend will be payable as from 20 August 2010.

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 keeps optimising its global network performance. TNT serves more than 200 countries and employs about 160,000 people. Over 2009, TNT reported €10.4 billion in revenues and an operating income of €648 million. TNT is officially 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 2009 TNT again reached the highest score of all companies included in the Dow Jones Sustainability Index. More information about TNT can be found on its website .

Page publication date: 18 August 2010 at 08:30 CET