PostNL announces sale of part of its stake in TNT Express

Amsterdam, 6 December 2013 – TNT Express N.V. (TNT Express) has taken note of the announcement today by PostNL N.V. (PostNL) that it has priced the sale of part of its stake in TNT Express at an offer price of €6.20 per share, resulting in gross cash proceeds of €507 million. The partial disposal consisted of a private placement to institutional investors of TNT Express outstanding shares.

Following completion of the Placement, PostNL’s remaining stake will be approximately 14.8% of TNT Express’ outstanding share capital.