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TNT Tintra Plc

32.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tintra Plc LSE:TNT London Ordinary Share GB00BHXM9D70 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 32.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Interim Licence

25/07/2002 1:05pm

UK Regulatory


RNS Number:1076Z
TNT Post Groep NV
25 July 2002


              TPG applies for bulk mail interim licence in the UK

Mail, Express and Logistics company TPG N.V. has announced today that through
its subsidiary TPG Post UK Limited, it has applied for an interim licence to
provide bulk mail and consolidation services in the UK market. The interim
licence will enable TPG Post UK to start a pilot service this year, prior to the
launch of activities under a full-term licence in 2003.

TPG intends to provide services to large companies, publishers, mailing houses
and direct marketers who need a reliable, competitively priced service.

TPG already holds an interim licence via TNT UK Limited and has applied to
extend its existing licence to allow it to provide off-site mailroom services
and internal mail services to other customers. At present, this licence is only
applicable for a single customer. TNT has also, today, been granted a technical
change to its interim licence, allowing it to provide existing business
customers with services during disruption to Royal Mail services.

As an industry leader, recognised as the European benchmark in productivity,
service quality and price levels, TPG aims to achieve a key presence in the UK
mail market, the second largest in Europe. This is consistent with the company's
strategy to become the first pan-European mail company with a presence in every
major European market.

TPG already has a strong presence in the UK, with around 18,000 employees in its
mail, express and logistics operations. It already operates in the UK mail
distribution market with unaddressed mail delivery services, as well as value-
added services in data and document management.

Notes to editors:

TPG, with its two brands TNT and Royal TPG Post, is a global provider of mail,
express and logistics services. It employs more than 141,000 people in 59
countries and serves over 200 countries. The company reported sales of €11.2
billion in 2001. In the first quarter of 2002 sales grew by 8.5 percent. TPG is
publicly listed on the stock exchanges of Amsterdam, New York, London and
Frankfurt.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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