BELGIAN POST BUYS STAKE IN MSI WORLDWIDE MAIL

UIT DE OUDE DOOS

MARCH 22, 2010

De Post-La Poste, Belgium’s national postal operator, acquired a majority stake in MSI Worldwide Mail, a U.S.-based mail and parcel delivery company. The company will continue to operate as MSI Worldwide Mail and will be managed by its founding partners Richard Gerhardt and Christopher Taylor for at least the next five years.

De Post-La Poste said its business unit Belgian Post International will use the new partnership with MSI to further expand its retail operations in the United States and worldwide.

Peter Somers, member of the Executive Board of De Post-La Poste and responsible for Belgian Post International, says: “This partnership offers us the chance of reinforcing our future on foreign markets.”

De Post-La Poste, Belgium’s national postal operator, acquired a majority stake in MSI Worldwide Mail, a U.S.-based mail and parcel delivery company. The company will continue to operate as MSI Worldwide Mail and will be managed by its founding partners Richard Gerhardt and Christopher Taylor for at least the next five years.

De Post-La Poste said its business unit Belgian Post International will use the new partnership with MSI to further expand its retail operations in the United States and worldwide.

Peter Somers, member of the Executive Board of De Post-La Poste and responsible for Belgian Post International, says: “This partnership offers us the chance of reinforcing our future on foreign markets.”