52.1 Related-party disclosures (companies and Federal Republic of Germany)

All companies classified as related parties that are controlled by Deutsche Post World Net or on which the Group can exercise significant influence are recorded in the list of shareholdings together with information on the equity interest held, their equity and their net profit or loss for the period, broken down by division. The list of shareholdings is filed with the commercial register of the Bonn Local Court.

Deutsche Post AG and Deutsche Postbank AG have a variety of relationships with the Federal Republic of Germany and other companies controlled by the Federal Republic of Germany.

The federal government is a customer of Deutsche Post AG and as such uses the company’s services. Deutsche Post AG’s business relationships are entered into with the individual public authorities and other government agencies as independent individual customers. The services provided to the respective individual customers are immaterial to the overall revenue of Deutsche Post AG.

Relationships with the Bundesanstalt für Post und Telekommunikation (BAnstPT)

The Federal Republic of Germany manages its interest in Deutsche Post AG and exercises its shareholder rights via the Bundesanstalt für Post und Telekommunikation (“Bundesanstalt”) which has legal capacity and falls under the supervision of the German Federal Ministry of Finance. The Gesetz über die Errichtung einer Bundesanstalt für Post und Telekommunikation or Bundesanstalt Post Gesetz (BAnstG – German act to establish a Deutsche Bundespost Federal Posts and Telecommunications Agency) transferred specific legal rights and duties to the Bundesanstalt that relate to matters jointly affecting Deutsche Post AG, Deutsche Postbank AG and Deutsche Telekom AG. In addition, the Bundesanstalt manages the Postal Civil Service Health Insurance Fund, the recreation programme, the Versorgungsanstalt der Deutsche Bundespost (“VAP”) and the welfare service for Deutsche Post AG, Deutsche Postbank AG, Deutsche Telekom AG and the Bundesanstalt. The co-ordination and administration tasks are performed on the basis of agency agreements. In 2007, Deutsche Post AG was invoiced for €65 million (previous year: €68 million) in instalment payments relating to services provided by the Bundesanstalt, and Deutsche Postbank AG was invoiced for €4 million (previous year: €5 million).

Relationships with the German Federal Ministry of Finance

In financial year 2001, the Bundesministerium der Finanzen (BMF – German Federal Ministry of Finance) and Deutsche Post AG entered into an agreement that governs the terms and conditions of the transfer of income received by Deutsche Post AG from the levying of the settlement payment under the Gesetze über den Abbau der Fehlsubventionierung im Wohnungswesen (German acts on the reduction of misdirected housing subsidies) relating to housing benefits granted by Deutsche Post. In financial year 2007 Deutsche Post AG paid to the federal government the aggregate amount of approximately €1.3 million for financial year 2006 and around €1 million in monthly instalments relating to financial year 2007. As agreed, the final settlement for financial year 2007 will be made by 1 July 2008.

Deutsche Post AG also entered into an agreement with the BMF dated 30 January 2004 relating to the transfer of civil servants to German federal authorities. Under this agreement, civil servants are seconded with the aim of transferring them initially for six months, and are then transferred permanently if they successfully complete their probation. Once a permanent transfer is completed, Deutsche Post AG contributes to the cost incurred by the federal government by paying a flat fee. In 2007, this initiative resulted in 33 permanent transfers (previous year: 37) and two secondments with the aim of a permanent transfer (previous year: 22).

Relationships with Deutsche Telekom AG and its subsidiaries

In financial year 2007, Deutsche Post World Net provided goods and services for Deutsche Telekom AG amounting to €0.4 billion (previous year: €0.6 billion). These were mainly transportation services for letters and parcels. In the same period, Deutsche Post World Net purchased goods and services (including IT products and services) worth €0.4 billion (previous year: €0.3 billion) from Deutsche Telekom. Deutsche Telekom AG and Deutsche Postbank AG have also entered into a master loan agreement for €0.6 billion (previous year: €0.6 billion). In addition, there are links between Deutsche Post AG and Deutsche Telekom AG in terms of personnel. For example, the chairman of the Board of Management of Deutsche Post AG, Dr Klaus Zumwinkel, is also chairman of the Supervisory Board of Deutsche Telekom AG.

Bundes-Pensions-Service für Post und Telekommunikation e.V.

Information on the Bundes-Pensions-Service für Post- und Telekom-munikation e.V. can be found in Note 6.

Deutsche Post Pensions-Fonds GmbH & Co. KG

The real estate, with a fair value of €1,040 million, of which Deutsche Post Betriebsrenten Service e.V. (DPRS) and/or Deutsche Post Pensionsfonds GmbH & Co. KG are the legal or beneficial owners, is exclusively let to Deutsche Post Immobilien GmbH. Rental expense for Deutsche Post Immobilien GmbH amounts to €56.4 million in 2007 (previous year: €34.7 million). The rent was always paid on time. Therefore no expense was incurred for bad debt losses in 2007 and is not expected to be incurred in future years. There were no sales relationships between external authorities and a Group company of Deutsche Post AG in 2007.

Relationships with unconsolidated companies and associates

In addition to the consolidated subsidiaries, Deutsche Post World Net has direct and indirect relationships with a large number of unconsolidated subsidiaries and associates deemed to be related parties to the Group, in the course of its ordinary business activities. In the course of these activities, all transactions for the provision of goods and services entered into with unconsolidated companies were conducted on an arm’s length basis at standard market terms and conditions. Transactions were made in financial year 2007 with major related parties, resulting in the following items in the financial statements of Deutsche Post World Net:

52.2 Related-party disclosures (individuals)

In accordance with IAS 24, Deutsche Post World Net also reports on transactions between Deutsche Post World Net and related parties or the members of their families. Related parties are defined as the Board of Management, Supervisory Board, heads of corporate departments or business departments (second-level executives) and the members of their families.

There were no reportable transactions between members of the Board of Management and their families and Deutsche Post World Net in financial year 2007. In some cases, members of the Supervisory Board were involved in legal transactions with Deutsche Post AG. These mainly related to services rendered and loans granted by Deutsche Postbank AG. The volume of these transactions was approximately €2 million. In two cases, second-level executives indicated to have concluded agreements with Deutsche Post. The transactions mainly consisted of rendering consulting and other services for Deutsche Post World Net; the transactions had a total volume of €0.5 million. Deutsche Postbank AG granted loans to the second-level executives in the total amount of €2.6 million. The terms to maturity vary between five and 15 years. Unless a variable interest rate had been agreed, the rate is between 3.20% and 4.79%. The amount of the loans was €2.3 million as at 31 December 2007. All transactions were conducted at conditions customary in the market and within the scope of global authorisations adopted in relation to loans to managers by Deutsche Postbank AG in accordance with Section 15 of the Kreditwesengesetz (German banking act).

The remuneration of key management personnel of the Group requiring disclosure under IAS 24 comprises the remuneration of the active Board of Management and Supervisory Board members. The active members of the Board of Management and the Supervisory Board were remunerated as follows:

Further details on the remuneration of, and the shares held by, the Board of Management and the Supervisory Board can be found in the Corporate Governance Report. The remuneration report contained in the Corporate Governance Report also forms part of the Notes.

Reportable transactions

For the transactions of Board of Management and Supervisory Board members involving securities of the company and notified to Deutsche Post AG in accordance with Section 15a of the Wertpapierhandelsgesetz (German securities trading act), please refer to the company website at www.dpwn.com.