Austrian Post Acquires Remaining Shareholding in German trans-o-flex

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Wien (euro adhoc) - Effective June 30, 2008, Austrian Post will have
acquired the remaining shareholding of 23.85% in Praetorium Holding
GmbH and its affiliated companies ("trans-o-flex") from its current
owners, the private equity funds managed by Odewald & Compagnie and
Alpha Group. As a consequence, Austrian Post will own a 100% stake in
the German specialty logistics company trans-o-flex.

A 74.9% shareholding in trans-o-flex was already purchased as per
December 21, 2006. Subsequently, a further 1.25% stake was acquired
from the managing partners. The initial transaction in 2006 included
a put-option for the minority interests, which were now purchased at
the terms and conditions determined during the initial transaction.
The total purchase price for the 100% interest in trans-o-flex
amounts to about EUR 79 million.

trans-o-flex is of the leading German specialised logistics providers
for express delivery in the business-to-business segment, with a
focus on the life sciences, consumer electronics/home entertainment
and lifestyle/cosmetics industries. The range of services offered by
trans-o-flex also includes specialised services such as the
transportation of hazardous goods and temperature-controlled
products.

Attractive market niches The market niches arising as a result of the
dynamic change in the European postal market enables trans-o-flex and
Austrian Post to position themselves as providers of specialised
postal services, in particular specialty logistics. Austrian Post
generally considers the specialisation of parcel and logistics
services to be a promising, high growth segment. Austrian Post´s
acquisition of the remaining shareholding in trans-of-flex reflects
its ongoing business strategy to establish a bigger foothold in this
field.

About trans-o-flex: trans-o-flex, based in Weinheim, Germany, is a
logistics group active throughout Europe, In Germany, via its express
delivery service, it offers a full-coverage network for the efficient
and safe transport of parcels and pallets ("combi-freight"). Apart
from its nationwide 24 hour deliveries with numerous express and
added-value options such as hazardous material transport,
trans-o-flex has developed the EURODIS network, which provides
delivery services in European countries, making trans-o-flex one of
the leading combi-freight service providers in Europe. The company
implements tailor-made logistics concepts and has developed numerous
solutions for specific sectors, for instance the pharmaceutical and
consumer electronics / home entertainment industries. The
trans-o-flex network is also capable of transporting hazardous goods
in large quantities. Annual sales of the group, which has 1,122
employees, amounted to about EUR 500m in 2007.

About Austrian Post Austrian Post is Austria´s leading logistics and
services company, with 25,700 employees and subsidiaries in eight
other European countries. The company offers the highest quality mail
and parcel delivery, and is required to provide universal postal
services throughout Austria. With annual revenue of EUR 2.3 billion
(2007 financial year), Austrian Post is an important economic factor
in the country. The company is investing to further expand its
business operation in European markets, and ranks among the most
important investors in Eastern and Southeast Europe.

end of announcement euro adhoc
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ots Originaltext: Österreichische Post AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Austrian Post

Investor Relations:

Harald Hagenauer

Tel.: +43(0)57767-30401

mailto:harald.hagenauer@post.at

Corporate Communications:

Mag. Marc Zimmermann

Tel.: +43(0)57767-22626

mailto:marc.zimmermann@post.at

Michael Homola

Tel.: +43(0)57767-32010

mailto:michael.homola@post.at

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