TNT Post Groep NV - Dividend Declaration

RNS No 2807x
TNT POST GROUP NV
2nd Septenber 1998


1998 INTERIM DIVIDEND

THE BOARD OF MANAGEMENT OF TNT POST GROUP N.V.
HAS DECIDED TO PAY AN INTERIM DIVIDEND OF NLG 0.30
IN CASH PER ORDINARY SHARE OF NLG 1.00 PAR VALUE FOR 
THE 1998 FINANCIAL YEAR.

TNT Post Group is offering each shareholders a choice of payment of the 1998
interim dividend either entirely in cash or entirely in the form of ordinary
shares charged against the additional paid-in capital, or, if the shareholder so
elects, against the other reserves.  The value of the dividend paid in shares
will be 2% to 5% lower than the value of the cash dividend.  The number of
dividend rights entitling shareholders to one new ordinary share will be
established at a round figure based on the closing price of TNT Post Group
shares on the AEX Stock Exchange on September 21, 1998.

Payment of the interim dividend in shares charged against the additional paid-in
capital will be exempt from dividend tax in the Netherlands.  Payment in shares
charged against the other reserves will in principle be subject to 25% dividend
tax over par value of the payment.

The schedule for the 1998 Interim dividend is:
September 2, 1998
Ex-dividend listing of TNT Post Group shares and starting date for electing form
of payment of Interim dividend.

September 21, 1998
Closing date for electing form of payment of interim dividend (before the close
of trading on the AEX Stock Exchange).  Adoption of the proposal for the
dividend in shares based on the closing price on September 21, 1998.

Annoncement of the Interim dividend in shares after the close of trading of the
AEX Stock Exchange.

September 25, 1998
Payment of dividend and start of delivery of shares in connection with stock
dividend conversion.

If you are a shareholder, you should inform your bank or stockbroker where the
shares are in deposit before the end of the option period whether you wish
payment of your dividend in cash or in shares.  In general, your bank or
stockbroker will indicate a preference on your behalf.  If you do not make your
wishes known before the end of the option period. 

Banks and stockbrokers are requested to submit the dividend rights which are the
subject of their client's dividend payment options to ING Bank N.V. in
Amsterdam, ABN Amro Bank N.V.  In Amsterdam or Rabobank Nederland in Utrecht,
not later than September 21, 1998 (before the close of trading on the AEX Stock
Exchange).  Shareholders whose preferences have not been indicated will receive
the dividend in cash after deduction of 25% dividend tax.

Payment of the dividend in cash and delivery of shares in connection with stock
dividend conversion will start September 25, 1998.  The new ordinary shares
entitle shareholders partially to the 1998 dividend and fully to the dividends
of subsequent years.

Delivery of ordinary shares to banks or stockbrokers will take place based
exclusively on the total number of dividend rights delivered by the bank or
stockbrokers on September 21, 1998.  Remaining fractions will be settled in
cash.

Members of firms of the Amsterdam Exchanges nv will receive the compensation
stipulated in the 90-56 circular for the conversion of dividend rights to enable
shareholders to exchange their dividend rights free of commission.

Please note that a report on the financial results of TNT Post Group for the
first half of 1998 is available and can be obtained through Morgan Stanley Dean
Witter, 25, Cabot Square, Canary Wharf, London E14 4QA

The Board of Management
Amsterdam
September 2, 1998


END

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