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DHL EXPRESS disposes of two subsidiaries to Austrian Post

Pressmeddelande   •   Aug 09, 2007 11:19 CEST

• DHL EXPRESS reaffirms strategic focus on core business
• Divestment initiative supports profitable growth program of DHL EXPRESS

Bonn, Aug. 9, 2007: DHL EXPRESS has reached an agreement to sell its Dutch subsidiary Dedicated Distribution Services (DDS) and its Belgian subsidiary Van Osselaer Pieters Colli Service (VOP) to Österreichische Post AG (ÖPAG), the Austrian postal service. The transaction is a further step in DHL’s strategy to optimize the strategic synergies within the EXPRESS organization and thus to maximize shareholder value. The transaction will not have any effect on the services provided to existing customers.

"It is our explicit strategy within DHL EXPRESS Global to focus on core express products and services. Our primary focus is to ensure that our businesses are synergistic. This means putting emphasis on systematized products with similar features, standard shipment characteristic and high quality levels. This will ensure that we significantly enhance the quality of our offering and provide increased benefits to customers and other stakeholders. This divestment program is an important step to bring healthy returns on capital employed“, said John Mullen, CEO of DHL EXPRESS Global and Member of the Board of Management at Deutsche Post World Net.

After transferring the DHL Freight business from EXPRESS to LOGISTICS in 2006 and integrating the standard Parcel business in Germany into the MAIL division, the current sale of the two Benelux subsidiaries is another milestone in DHL´s strategic approach to simplify its business processes and to increase the transparency of its product offerings.

The parties have agreed not to disclose the value of the transactions.

Media Inquiries:
Deutsche Post World Net
External Communications
Nicole Mommsen
Tel.: +49 (0)228 182 9944

Deutsche Post World Net is the world’s leading logistics group.

Its integrated Deutsche Post, DHL and Postbank companies offer tailored, customer-focused solutions for the management and transport of goods, information and payments through a global network combined with local expertise. Deutsche Post World Net is also the leading provider of Dialog Marketing services, with a unique portfolio of efficient outsourcing and system solutions for the mail business. The Group generated revenue of more than 60 billion euros in 2006. With currently some 500,000 employees in more than 220 countries and territories Deutsche Post World Net is one of the biggest employers worldwide.

All information is provided without guarantee and subject to change without prior notice. This document contains forward-looking statements that relate to the business, financial performance and results of operations of Deutsche Post AG. Forward-looking statements are not historical facts, and may be identified by words such as "believes", "expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. As these statements are based on current plans, estimates and projections, they are subject to risks and uncertainties that could cause actual results to be materially different from the future development, performance or results expressly or implicitly assumed in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this presentation. Deutsche Post AG does not intend or assume any obligation to update these forward-looking statements to reflect events or circumstances after the date of this document.

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