We continued to improve our capital market communication in 2005. In February, we held a Capital Markets Day dedicated to our European express business. Members of the Board of Management and of regional management gave an overview of the activities in their areas and of the progress we have made in integrating our European express business. As usual, the speakers answered questions from the around 80 participants and live on the Internet. Another Capital Markets Day took place in November in New York and focused on the express business in America and Asia.

A wide range of information about the Group and its shares, which we are constantly extending, is available on our website. Each year, the German newspaper Handelsblatt rates the quality of investor relations information provided on the Internet. As in the previous year, we came second out of 110 companies.

In addition, we came third in Germany in the IR Global Rankings, which compared over 400 companies.