Disclosure Committee

In response to the US Sarbanes-Oxley Act and the requirement for a strengthening of corporate governance, the Board of Management appointed a Disclosure Committee in 2002. The Disclosure Committee assists the Board of Management in providing full, fair, accurate, timely and understandable information in reports required to be filed by TNT in compliance with applicable laws, regulations and stock exchange requirements. It also assists the Board of Management to ensure that all filed reports made by TNT are accurate and complete, are where available and appropriate, supported by accurate and reasonable detailed records, and fairly present TNT's condition in all material respects. Finally the Disclosure Committee provides oversight of the design, development, implementation and ongoing effectiveness of TNT’s disclosure controls and procedures.

The Disclosure Committee is comprised of the following members:

1. the Group Director Financial Reporting, Consolidation & Accounting (chairman)
2. the Deputy Corporate Secretary (secretary) 
3. the Chief Internal Auditor
4. the Director Investor Relations
5. the Group Legal Director and General Counsel   

The Terms of Reference of the Disclosure Committee can be downloaded below.

• 2005 Terms of Reference Disclosure Committee [30,3kb]