Acquisition

TNT N.V.
                  




Press release


Media Relations
Neptunusstraat 41-63, 2132 JA  HOOFDDORP
PO Box 13000, 1100 KG  AMSTERDAM
The Netherlands
Telephone [phone]
Fax  [phone]



                  Head Office



Date
 15 July 2005


TNT ACQUIRES PRINT AND MAILING HOUSE EURO MAIL

Mail, express and logistics company TNT N.V. has acquired the Dutch print and
mailing house Euro Mail through Cendris, part of TPG Post. The positioning of
Euro Mail is geared to Direct Marketing for small and medium-sized enterprises
(SME), adding an important and valuable range of products and services to the
portfolio of TPG Post and Cendris.

The specific knowledge and experience of Euro Mail in the SME segment form a key
complement to the expertise of Cendris. The acquisition will put TPG Post and
Cendris in a better position to develop and sell new product-market combinations
for the SME segment.

Euro Mail reported sales of €29 million in 2004. The company employs 116 people
at ten operational sites across the Netherlands. Euro Mail specialises in
mailing activities (enveloping, addressing, sorting and distribution), print
services, fulfilment and other DM activities, including data and consultancy.
Euro Mail primarily serves small, locally operating businesses, but in recent
years has added a number of larger companies to its customer base.

About Cendris Cendris is part of Royal TPG Post B.V. In 2004 Cendris reported
sales of €219 million and employed 4,000 people. The company offers a complete
portfolio of specialist solutions for direct communication, data and document
management. Cendris provides consultancy on winning and retaining customers and
offers services ranging from call centre activities, invoice printing and direct
mail to mailroom management, document reproduction and archiving. Cendris
operates in the Benelux region, the UK and Germany.

TNT N.V. is a global provider of mail, express and logistics services. The group
employs over 160,000 people in 63 countries and serves over 200 countries. For
2004 the company reported sales of €12.6 billion. TNT N.V. is publicly listed on
the stock exchanges of Amsterdam, New York, London and Frankfurt.

Note to the editor, not for publication:

For more information contact:
TNT Group Media Relations
Daphne Andriesse, Senior Press Officer
Tel.: [phone]
Mobile : + 31 6 109 18 790
E-mail: [e-mail]