FURTHER DEVELOPMENTS AND OUTLOOK

REPORT ON POST-BALANCE SHEET DATE EVENTS

Deutsche Post announces launch of E-Postbrief

On 14 July 2010, we launched E-Postbrief, our new letter on the internet product. The E-Postbrief allows private individuals, companies and public authorities to communicate securely with each other on the internet once they have reserved their personal E-Postbrief address at the online portal. The E-Postbrief is just as binding, confidential and reliable as a letter, and just as quick as an e-mail message. Users can choose whether their letter will be delivered electronically to another E-Postbrief account or be printed out by Deutsche Post and delivered by a mail carrier.

Management structure at Williams Lea Germany changed

As at 1 July 2010, we changed the management structure at Williams Lea Germany and merged it into the MAIL division. The move ensures consistent management of the two businesses, which have many common strategic and operational elements, such as in the case of the E-Postbrief.