Deutsche Post World Net Announces DHL Smart & GlobalMail

New Brand Combines Deutsche Post Global Mail, SmartMail Services & QuikPak

October 7, 2004 Deutsche Post World Net today announced the launch of DHL Smart & GlobalMail, uniting domestic and international mail industry leaders Deutsche Post Global Mail, SmartMail Services and QuikPak under the premier DHL umbrella brand recognized around the world for excellence in shipping and logistics. While DHL Smart & GlobalMail shares the DHL umbrella brand with DHL Express, the two companies will remain separate business units under the parent company, Deutsche Post World Net.

"Uniting these three industry leading companies and their services under the highly recognized and respected DHL brand is a major step forward in our growth in the U.S. market," said Klaus Knappik, chairman of Deutsche Post World Net's Divisional Board MAIL International.

"Leveraging our combined networks, capabilities and expertise along with the DHL brand allows us to offer our customers the best single source for domestic and international mail and shipping in the market today," added Bill Boesch, chief executive officer of DHL Smart & GlobalMail.

Mail services, such as those provided by DHL Smart & GlobalMail, provide large costs savings -- in areas such as postage, equipment costs and overtime expenses - to companies with large volumes of mail. The mailing expertise behind DHL Smart & Global Mail makes the prospect of those savings even greater. By working with the USPS, DHL Smart & Global Mail combines numerous small-scale domestic mailings into large mail drops, and turns the mail over to the USPS for the final delivery to the addressee. For international mailings, DHL Smart & GlobalMail, offers mailers fast service and attractive rates to over 200 countries worldwide.

"We built our global delivery network of processing facilities to help the USPS maximize its strength and efficiencies," concluded Boesch. "We will continue to foster our strong Workshare Partnership with the USPS and leverage their expertise in final mile delivery to stimulate mail growth within the US mail market."

Deutsche Post Global Mail announced its intent to acquire both SmartMail Services and QuikPak on May 11, 2004. The acquisition of SmartMail Services closed May 28, 2004, and the acquisition of QuikPak closed June 28, 2004. These acquisitions produced the largest U.S. private mail service by combining Deutsche Post Global Mail, the market leader in international mail solutions, SmartMail Services, the market leader in U.S. domestic expedited flat mail and small parcel delivery services, and QuikPak, the nation's largest provider of catalogue fulfillment services.

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DHL Smart & GlobalMail
DHL Smart & GlobalMail, the leading one-stop solution for high volume mailers, unites the domestic and international capabilities of Deutsche Post Global Mail, SmartMail Services and QuikPak. Through its global distribution network of 31 processing centers the company provides secure, reliable distribution of business correspondence, direct mail, catalogues, publications and parcels worldwide. Value-added services include production services, online tracking and reporting, address correction, mail activity reports and chargeback systems. DHL Smart & GlobalMail is 100 percent owned by Deutsche Post World Net. For more information, visit our web site: www.dhlglobalmail.com.

DHL
DHL is the global market leader of the international express and logistics industry, specializing in innovative and customized solutions from a single source. DHL offers expertise in express, air and ocean freight, overland transport and logistics solutions, combined with worldwide coverage and an in-depth understanding of local markets. DHL's international network links more than 220 countries and territories worldwide. Over 160,000 employees are dedicated to providing fast and reliable services that exceed customers' expectations. DHL is 100 percent owned by Deutsche Post World Net. For more information about DHL, please visit our Web site: www.dhl.com.