The Group
Based on the economic growth forecasts, we anticipate that overall business development in 2006 will be positive. For the current fiscal year we are planning to generate consolidated revenue of at least €60 billion.

We are expecting the Group’s profit from operating activities (EBIT) to total at least €3.7 billion in 2006.

MAIL
In the MAIL Corporate Division we expect that revenues will continue to decline in the national mail market. However, these can be more than offset by growth in international value-added services. The acquisition of Williams Lea will play an important part in this. All in all, we therefore anticipate that revenue will remain stable or will rise slightly in the current fiscal year.

EXPRESS
In the EXPRESS Corporate Division, we are expecting at least single-digit revenue growth in 2006. We will continue to integrate our networks and set up a unique platform in the Europe region, thereby laying the foundation for further business expansion.

LOGISTICS
In the LOGISTICS Corporate Division, enlarged by the acquisition of Exel, we expect revenue to exceed €18 billion by some margin in the current fiscal year. The Board of Management is very confident that it can integrate Exel successfully in the coming years and maintain the positive trend in the logistics business.

FINANCIAL SERVICES
In the FINANCIAL SERVICES Corporate Division, income is expected to rise, boosted by the addition of BHW.

Dividends
We plan to continue our current dividend policy and to share our good business development with our shareholders.