CFO VAN DALEN FROM DSM TO TNT

[BIZ: Amsterdam, December 16]
TNT N.V. has announced the intended appointment by its Supervisory Board of Mr. H. van Dalen as Chief Financial Officer and member of the Board of Management. Henk van Dalen is currently member of the Managing Board and CFO of Royal DSM N.V. of the Netherlands. The Supervisory Board will inform the general meeting of shareholders at the annual meeting of the intended appointment. Until that moment, Henk van Dalen will assume the position of Acting CFO as of April 1, 2006. Jan Haars will continue in his responsibility as CFO until March 31, 2006.

Henk van Dalen (1952) was born in The Netherlands. He studied Economics and Sociology at the Erasmus University in Rotterdam. In 1976 he started his career at DSM, the leading company in nutritional and pharma ingredients, performance materials and industrial chemicals, where he has worked until now. After several management positions within DSM, amongst which Director of HRM of DSM Agro, Director General Affairs of DSM Research and CEO for the Agro and Polyethylene’s Business Groups, in 2000 Henk van Dalen was appointed member of the Board of Management and Chief Financial Officer of DSM. He has been strongly involved in the major transformation of DSM over the last 6 years.

Peter Bakker, Chief Executive Officer said: "I am truly delighted that Henk van Dalen will become Chief Financial Officer at TNT as of April 1, 2006. The continuity in this key role within TNT is of great importance in the successful implementation of our strategy focussed on Networks. His experience and personality will form a great fit with our Board of Management and will provide leadership in the exit of Logistics, resolution of tax matters, focus on a more optimal capital structure and will contribute clearly to further profitable growth of TNT."

The terms and conditions of Mr. van Dalen's remuneration fit within TNT's Remuneration policy.

The details can be found on TNT's website:
http://group.tnt.com/