Ministry of Commerce People’s Republic of China Unconditionally Approves FedEx Intended Acquisition of TNT Express
Memphis, Tennessee; Hoofddorp, the Netherlands – April 29, 2016 – FedEx Corporation (FedEx) (NYSE:FDX), FedEx Acquisition B.V. (the Offeror) and TNT Express N.V. (TNT Express) jointly announce that on April 29, 2016, they obtained the unconditional approval of the Ministry of Commerce People’s Republic of China (MOFCOM) in connection with the Offer. The ADS Letters of Transmittal and other associated forms are available upon request from the ADS Tender Agent. On a daily basis, TNT Express delivers close to one million consignments ranging from documents and parcels to palletised freight. No acknowledgement of receipt of documents will be given by or on behalf of the Offeror or the ADS Tender Agent. Neither FedEx, nor TNT Express, nor any of their advisors assumes any responsibility for any violation by any of these restrictions.