TNT Tintra Plc

RNS No 7326t
TNT POST GROUP NV
20 September 1999


TNT Post Group (TPG) to conclude agreement with China State Post

TNT Post Group (TPG) is to conclude an agreement with China State Post on
cooperation in international express delivery and the development of the Chinese
domestic market for express products such as documents, parcels and freight.
Furthermore, TPG shall be advising the Chinese postal service in the form of
consultancy and providing training courses.  Both parties shall ratify the joint
venture agreement in Shanghai early next week.

TPG is eagerly awaiting the agreement which will take it one step closer to
establishing a firm foothold as market leader in Asia.  TPG will use its TNT
network for China State Post to distribute international Express Mail
Consignments (EMS) in China and other Asian countries.  TPG also operates
International Mail and Express services in various Asian countries including
China.

The Chinese government is actively following a policy of liberalisation - both
socially and economically.  The joint venture should be seen in this light.  The
Chinese postal service would be only too happy to work with a market oriented
logistics provider offering high quality services worldwide.  TPG is one of the
few logistics providers in the world with such specialised knowledge of mail,
express and logistics at its disposal.  Through this agreement China Post will
gain access to this wealth of knowledge and experience.

TPG, with its two brands PTT Post and TNT, is a global provider of mail, express
and logistics services.  It employs more than 100,000 people in 60 countries and
serves over 200 countries.  The company had sales of NLG 16.3 billion in 1998.
TPG is publicly listed on the stock exchanges of Amsterdam, New York, London
and Frankfurt.


END

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