Net Holding & TNT enter into associate partnership

Notes and media contacts

About Net Holding
Net Holding sal the Levant-based company that owns and manages several entities in the region specialized in Express and Logistics services. Net Holding has inaugurated last year the first Beirut Port Free Zone warehouse facility to position its subsidiary Net Logistics as the regional gateway of Europe to the Middle East.

The Net Holding has 15 years experience in the Lebanese market in Express, freight forwarding and Logistics business. Its entrepreneurial spirit and innovation coupled with its strategic alliance with industry leaders in each market offer world class service to the business community.

The Net Holding employs more than 110 professionals in the Levant. It solid strategy in the region over the past years has been demonstrated by an overall growth of 40% in its revenue in 2007.

About TNT MEA
The TNT MEA region is witnessing consistent growth year on year at a rate of over 25%. The TNT MEA region covers the Indian Sub Continent, Middle East and African representing 75 countries in total. This is made up of 9 TNT owned countries and 66 Associate run entities. This represents over 4,000 employees, 250 + depots, 1500 + vehicles. Lebanon falls under the TNT MEA region (Middle East & Africa) and is supported from TNT's regional head office in Dubai.

About TNT's express division
TNT's express division is one of the world's leading business to business express delivery services providers. It delivers 4.4 million parcels, documents and pieces of freight a week to over 200 countries using its network of over 2,331 depots, hubs and sorting centers. The division operates over 26,760 road vehicles and 47 aircraft and has the biggest door-to-door air and road express delivery infrastructure in Europe.

TNT's express division employs over 75,000 staff worldwide. It is the first organization to have achieved global recognition as an Investor in People. The division reported revenue of €6.5bn in 2007. The operating income was €599m, up 7% compared to 2006. Visit the TNT express division online: http://www.tnt.com/express

TNT provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and is expanding operations worldwide to maximize its network performance. TNT serves more than 200 countries and employs around 161,500 people. Over 2007, TNT reported €11bn in revenues and an operating income of €1,192m. TNT N.V. is publicly listed on the stock exchange of Amsterdam. TNT recognizes its social responsibility, and has formed partnerships with the United Nations World Food Programme and the United Nations Environmental Programme to fight hunger and pollution in the world.

For more information and inquiries, please contact:
Sabrina Pinto
Marketing Coordinator
TNT Express
P.O. Box 15321, Dubai, U.A.E,
Tel: +9714 295 5519, Fax: +9714 294 9615