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Quelle Reduces Volume of Parcels Delivered by Austrian Post, Remains Important Customer for Catalogues and Direct Mailings

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Company Information
07.11.2007
Mail-order company Quelle divides parcel services among different 
providers
Quelle Austria has informed Austrian Post of its decision to 
primarily rely on the parcel delivery services of an alternative 
postal service provider. Austrian Post will continue to be 
responsible for the delivery of all Quelle catalogues and printed 
documents produced by its subsidiary meiller direct, and for the 
return parcel service customers have the opportunity to take 
advantage of. Accordingly, Quelle will remain an important customer 
of Austrian Post.
Austrian Post has to accept this decision of the free market, and 
will thus continue striving to win back any lost parcel volume on the
basis of its outstanding delivery quality. Austrian Post offers an 
exceptional portfolio of services.  97% of all parcels are delivered 
on the second working day, and its extensive branch network of over 
1,300 company-owned branches, more than 600 external postal partners 
and 183 OMV petrol stations with VIVA shops that accept parcels, and 
the Post.24 stations with about 5,000 rural delivery staff who also 
take back returned parcels ensures nationwide coverage.
The measures announced by Quelle as of 2008 will have a negative 
effect on the revenue and earnings of Austrian Post. Quelle´s planned
reduction in parcel volume by about 7 million parcels annually and 
the resulting changes in the market environment are expected to 
negatively impact Austrian Post´s operating income by approximately 
EUR 20m.
Austrian Post will more intensively adapt its product portfolio to 
proactively respond to the market trend favouring specialised postal 
service providers. "This change on the marketplace will now 
accelerate the implementation of planned measures. The strategy we 
adopted was correct. A restructuring of our logistics operations is 
imminent", says Anton Wais, Chairman of the Management Board of 
Austrian Post.
Austrian Post is continually improving the services provided to all 
mail-order companies. Furthermore, Austrian Post will continue to 
deliver mail every day to every doorstep, making postal services 
available to its customers throughout the country. In this regard, 
there is no level playing field in terms of the universal service 
obligation to provide universal postal services. Alternative 
providers are completely free to choose delivery speed, determine the
regions in which they provide services and terms under which they 
conclude employment contracts.
Austrian Post remains committed to promoting its business operations 
in the B2B (business to business) segment, on the basis of which it 
is strategically positioning itself as a strong, reliable partner in 
the direct mail and parcels segments, in Western Europe as well as in
Eastern and South East Europe.
end of announcement                               euro adhoc 07.11.2007 07:49:29

Further inquiry note:

Austrian Post
Investor Relations:
Harald Hagenauer
Tel.: +43(0)57767-30401
mailto:harald.hagenauer@post.at

Public Relations:
Michael Homola
Tel.: +43(0)57767-32010
mailto:michael.homola@post.at

Branche: Transport
ISIN: AT0000APOST4
WKN: A0JML5
Index: ATX
Börsen: Wiener Börse AG / stock market

Original content of: Österreichische Post AG, transmitted by news aktuell

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