Information for shareholders

Since 29 June 1998, following our demerger from Royal KPN N.V., our ordinary shares have been listed on the Amsterdam Stock Exchange, which was renamed Euronext Amsterdam in connection with the merger of the Amsterdam, Brussels and Paris stock exchanges in 2000, and the New York Stock Exchange.

As per 21 March 2006 we ended our listing on the London Stock Exchange. We ended our listing on the Frankfurt Stock Exchange on 1 June 2006.

The principal market for trading in our ordinary shares is Euronext Amsterdam. TNT is included in the AEX index, which consists of the top 25 companies in the Netherlands, ranked on the basis of their turnover in the stock market and free float.

Our relative performance to the Euronext Amsterdam (AEX) at closing prices during 2006 (AEX index rebased to our company):

Distribution of shares

Since our ordinary shares are in bearer form, the analyses of shareholdings by region and investor type are estimates based on the limited information available to us through market sources. These estimates as of 31 December 2006 and expressed as a percentage of total shares outstanding (excluding treasury shares) on that date, are:

A proposal to cancel the 30,947,707 shares repurchased under the buy-back programmes will be part of the agenda of the annual general meeting of shareholders in 2007

Share buy-back programmes

The reduction of our issued share capital to its current amount was effected on 12 December 2006 following the completion in April 2006 of the share buy-back programme announced on 6 December 2005. Following the sale of our discontinued logistics business, we commenced another buy-back programme on 6 November 2006 with the intention to cancel the ordinary shares acquired through the programme. This programme was completed on 23 January 2007. A proposal to cancel the 30,947,707 shares repurchased under the programme will be part of the agenda of the annual general meeting of shareholders in 2007. Upon adoption the issued share capital may be reduced accordingly.

FINANCIAL CALENDAR FOR 2007

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26 February	2006 fourth quarter and full year results
20 April	General meeting of shareholders
24 April	Ex-dividend listing
2 May	Dividend payment
3 May	2007 first quarter results
30 July	2007 second quarter results
29 October	2007 third quarter results