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The Hague / Ratingen , 16.06.2011

PostNL welcomes decision of German postal regulator

PostNL, and its German subsidiary TNT Post Germany, welcome the decision of the Bundesnetzagentur, the German postal regulator, against Deutsche Post AG and its subsidiary First Mail. The Bundesnetzagentur has determined in proceedings against First Mail Düsseldorf GmbH and Deutsche Post AG, in consultation with the Federal Cartel Office, that the German Postal Act has been breached in terms of pricing and non-discrimination regulations. The decision is an important step on the path to profitability of TNT Post Germany in 2013.

Harry Koorstra, chairman of the Executive Board of PostNL, said: “This is an important signal for more competition and more diversity in the German postal market. Free and fair competition drives the development of innovative postal solutions, which in turn leads to more efficiency and a choice for our clients. As the main challenger to the postal incumbent, we are keen to lead this development of the German market for business mail.“

The Bundesnetzagentur has instructed First Mail Düsseldorf GmbH and Deutsche Post AG to cease the violations immediately, and no later than 31 August 2011. At the same time, the Bundesnetzagentur also made a proposal on the level of possible new charges.

About PostNL
PostNL processes 8.8 billion addressed postal items (including 100 million parcels) each year and delivers to more than 88 million addresses in the Benelux, Germany, the UK and Italy. PostNL’s main business is mail: collecting, sorting, transporting and delivering letters and parcels. The company also provides services in the area of data and document management, direct marketing and fulfilment. PostNL employs some 77.000 people. In 2010 the company generated a turnover of nearly 4.3 billion euros.