Editorial

Dear reader,

Following the successful sale of our stake in Deutsche Postbank and the implementation of our US express restructuring programme we unveiled our Strategy 2015 in March. Part of this announcement was the rebranding of the Group to Deutsche Post DHL.

The name Deutsche Post DHL reflects our two strong brands: Deutsche Post and DHL. Our vision is to remain "The postal services provider for Germany" and to become "The logistics company for the world".

Both brands represent an extensive infrastructure and network, which is unparalleled in terms of size and portfolio. Yet size alone is no criteria for excellence! Despite our broad portfolio and global reach we are not performing as well as we should. This is why we need a comprehensive strategy to get into shape and to unlock the full potential within our businesses and ourselves. With this strategy our aspiration therefore is to become the provider of choice, the employer of choice and the investment of choice.

In our DHL businesses, we must be able to demonstrate that we are one DHL, especially as customer demand for cross-divisional solutions increases continuously. All DHL divisions - EXPRESS, GLOBAL FORWARDING, FREIGHT and SUPPLY CHAIN - need to work together more closely beyond divisional boundaries and in the interest of our customers.

Deutsche Post is the leading provider of reliable and secure mail communications, dialogue marketing solutions, parcel services and international mail services. In response to the changing market environment, we are targeting new growth opportunities in our MAIL Division through our MAIL strategy programme 2015. Electronic communication service is one of our key focus areas here we will also continue to optimise our cost structure, our sales efforts and service levels in the traditional letter-mail business to remain competitive there as well.

Learn more about our Strategy 2015 and our business activities. Through the Investors' Factbook, we aim to make Deutsche Post DHL more transparent to you. All figures included are either based on the full year 2008 or, if available, on H1 2009 accounts. In the future all information will be updated twice a year. We appreciate your feedback. Please use the ck form"> feedback form to inform us about your thoughts and needs regarding to this publication.

Yours faithfully,

Martin Ziegenbalg

Executive Vice President Investor Relations