Deutsche Post AG has treated corporate governance as a high priority for years. We attach particular importance to achieving a sustained increase in enterprise value and to building the trust of investors, customers and employees in the company’s management.

Unqualified Declaration of Conformity issued once again

On December 14, 2006, the Board of Management and the Supervisory Board issued an unqualified Declaration of Conformity for the fifth consecutive year. This signals that we are in compliance with all recommendations of the current German Corporate Governance Code, dated June 12, 2006. We are also implementing the suggestions of the code with one exception: The Annual General Meeting (AGM) can only be followed live on the Internet until the start of the general debate.

Our listed subsidiary, Deutsche Postbank AG, issued its own unqualified Declaration of Conformity on November 30, 2006. Postbank also follows the suggestions of the code to a large extent.