TNT sells its mail activities in Belgium and its unaddressed mail activities in Italy to management and NPM Capital N.V.

Amsterdam – TNT announced in the framework of its “Vision 2015” strategy that it would concentrate its European mail activities on addressed mail in the large countries where TNT Post has strong market positions: Germany, the UK and Italy. In other geographies, the focus is on value realisation through partnerships or sale. TNT today announces it has signed an agreement to sell its mail business in Belgium, De Belgische Distributiedienst, and its unaddressed mail business in Italy, RSM Italia, to management and NPM Capital N.V. NPM Capital, a leading private equity firm in the Benelux, will provide financing. The businesses will continue to operate under its current management.