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Österreichische Post AG

euro adhoc: Österreichische Post AG
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Austrian Post in exclusive negotiations to acquire German speciality logistics service provider trans-o-flex

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
25.10.2006
Austrian Post ("Austrian Post" or the "Company") is conducting
exclusive negotiations with the private equity funds of Odewald &
Compagnie and Alpha Group with the aim of acquiring German speciality
logistics service provider trans-o-flex and its subsidiaries
("trans-o-flex").
Austrian Post Austrian Post, headquartered in Vienna (Austria), is
Austria’s leading postal services and logistics company.  It
generated revenues of more than EUR1.7 billion in 2005.  Alongside
its Mail Division (pick-up, sorting, transportation and delivery of
letters within Austria and internationally) the Parcel & Logistics
Division is the Company’s most important revenue contributor.  In
2005, Austrian Post delivered around 43 million parcels in Austria.
In 2006 the Company started to offer its parcel delivery services to
corporate clients (B2B) in addition to servicing the retail parcel
markets (B2C, C2C).  Alongside its network in Austria Austrian Post
operates parcel networks in Croatia and Slovakia.  In addition to
postal and financial services and products its Branch Network
division also sells trade goods.  Since the end of May 2006 Austrian
post has been publicly listed on the Vienna Stock Exchange, making it
the third exchange-listed national postal company in Europe.  For
more information go to the Company’s website at www.post.at.
trans-o-flex trans-o-flex, headquartered in Weinheim (Germany),
operates a Germany-wide speciality logistics network with 39 delivery
centres primarily to transport business-to-business parcels and
pallets (so-called combined freight).  trans-o-flex has specialised
particularly in the transportation of goods for customers in the life
sciences, consumer electronics/home entertainment and
lifestyle/cosmetics industries.  It has a leading market position in
the life science markets in Germany.  Additionally, the company
offers speciality logistics services such as temperature-controlled
delivery and transportation of hazardous goods.  In 2005,
trans-o-flex handled some 49 million shipments and generated revenues
of approximately EUR460 m with roughly 890 employees.  The company
conducts its international freight forwarding activities through
EURODIS, a Europe-wide network of independent logistics companies
which jointly provide logistics services.  EURODIS was founded by
trans-o-flex and is currently being expanded across Europe. For more
information go to the Company’s website at www.trans-o-flex.de.
This press release contains forward-looking statements about the
future development of Austrian Post and economic developments. These
statements reflect the current beliefs and assumptions, which are
based on all information currently available to us. Should these
underlying assumptions fail to materialize or should further risks
arise, actual results may differ from the currently expected results.
Austrian Post is under no obligation to update these forward-looking
statements to reflect future events or developments.
end of announcement                               euro adhoc 25.10.2006 14:14:51

Further inquiry note:

Austrian Post

Public Relations:
Michael Homola
Tel.: +43(1)515 51-32010
mailto:michael.homola@post.at

Investor Relations:
Harald Hagenauer
Tel.: +43(1)515 51-30401
mailto:harald.hagenauer@post.at

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

Original-Content von: Österreichische Post AG, übermittelt durch news aktuell

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