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Deutsche Post AG

Management Reports Jun 25, 2008

111_rns_2008-06-25_fa4d166e-88df-488b-8c96-c916a1172a51.html

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News Details

Corporate | 25 June 2008 17:48

Deutsche Post AG: Exploratory process on Postbank becomes increasingly concrete

Deutsche Post AG / Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


Deutsche Post AG: Exploratory process on Postbank becomes increasingly
concrete

Bonn, June 25 2008: Deutsche Post World Net announced today that it has
entered a more intensive phase of the exploratory process concerning the
future of its Postbank subsidiary. The logistics company is currently
evaluating options for an optimal competitive position to secure a
successful future for Postbank. To this end, discussions between Deutsche
Post and potential partners are moving forward quickly and efficiently. No
preliminary decision regarding the various potential options has yet been
taken.

Against this background, the Supervisory Board of Deutsche Post AG has
accepted the request of Postbank Chief Executive Officer Wolfgang Klein to
temporarily step down from the Management Board of Deutsche Post with
immediate effect. Klein’s position as CEO of Deutsche Postbank AG remains
unaffected.

Wolfgang Klein and Deutsche Post Chief Executive Officer Frank Appel have
mutually come to the conclusion that the decision to step down from his
position for the duration of the current phase complies with good corporate
governance. When appointed as CEO of Postbank on July 1st 2007, Klein was
simultaneously appointed to the Management Board of the parent company.

The Management Board of Postbank actively supports this open-ended process
to secure an optimal solution for the successful strategic development of
the company in the future, in the interests of its shareholders, employees
and customers.

  • Ends -

Deutsche Post World Net is the world’s leading logistics group.

Its integrated Deutsche Post, DHL and Postbank companies offer tailored,
customer-focused solutions for the management and transport of goods,
information and payments through a global network combined with local
expertise. Deutsche Post World Net is also the leading provider of Dialog
Marketing services, with a unique portfolio of efficient outsourcing and
system solutions for the mail business. The Group generated revenue of more
than 63 billion euros in 2007. With some 500,000 employees in more than 220
countries and territories Deutsche Post World Net is one of the biggest
employers worldwide.

Media Inquiries:
Deutsche Post World Net
Corporate Communications
Martin Dopychai
Silje Skogstad
Tel.: +49 (0)228 182-99 44
E-Mail: [email protected]

25.06.2008 Financial News transmitted by DGAP

Language: English
Issuer: Deutsche Post AG
Charles-de-Gaulle-Straße 20
53113 Bonn
Deutschland
Phone: +49 (0)228 182 - 63 100
Fax: +49 (0)228 182 - 63 199
E-mail: [email protected]
Internet: www.dpwn.de
ISIN: DE0005552004
WKN: 555200
Indices: DAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Hannover, Düsseldorf, Hamburg, München, Stuttgart;
Terminbörse EUREX

End of News DGAP News-Service


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