Österreichische Post AG

EANS-Adhoc: Österreichische Post AG
Austrian Post enters into exclusive negotiations to acquire a stake in Aras Kargo, Turkey

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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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  announcement.
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Mergers - Acquisitions - Takeovers
15.04.2013


Austrian Post and the owners of the Turkish parcel service provider Aras Kargo
signed an exclusive negotiation agreement effective April 15, 2013 on talks
relating to Austrian Post's potential acquisition of a minority stake in the
company. 80% of Aras Kargo is currently in the hands of the Aras family, and 20%
of the shares are owned by the publicly traded Turkish private equity company Is
Girisim. It was agreed to maintain confidentiality on further details pertaining
to the ongoing negotiations. 

Aras Kargo is one of the leading Turkish parcel service providers with annual
revenue of approximately EUR 250m and about 46m parcels and 32m documents per
year. The company boasts a nationwide network consisting of about 800 shops, 28
distribution centres and 2,600 delivery vehicles, and employs a work force of
about 9,000 people.

About Austrian Post:  
Austrian Post is Austria's leading logistics and postal services provider, with
annual revenue of EUR 2.4 bn and approximately 23,000 employees. Its business
operations focus on the transport and delivery of letters, direct mail items,
print media and parcels. The branch network of Austrian Post featuring more than
1,900 company-operated and third-party operated postal service points ranks
among the largest private customer networks in Austria and offers its customers
high quality postal, banking and telecommunications products and services.
Moreover, Austrian Post operates in twelve European markets, particularly in the
parcel and logistics segment as well as in the field of unaddressed direct mail.
Since the year 2006, Austrian Post has been publicly traded on the Prime Market
of the Vienna Stock Exchange, and is also listed on the ATX index.     

Vienna, April 15, 2013


Further inquiry note:
Austrian Post
Mr. Harald Hagenauer
Head of Investor Relations & Corporate Governance 
Tel.: +43 (0) 57767 30400
harald.hagenauer@post.at

Austrian Post
Ms. Ingeborg Gratzer
Head of Press Relations & Internal Communications
Tel.: +43 (0) 57767-24730
ingeborg.gratzer@post.at

end of announcement                               euro adhoc 
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issuer:      Österreichische Post AG
             Haidingergasse  1
             A-1030 Wien
phone:       +43 (0)57767-0
mail:     investor@post.at
WWW:      www.post.at
sector:      Transport
ISIN:        AT0000APOST4
indexes:     ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English
 

 


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