(DGAP-Media / 12.05.2015 / 07:00) Deutsche Post DHL Group grows revenue, confirms earnings guidance for 2015 and 2016 - Consolidated revenue up 8.8% to EUR 14.8 billion in first quarter; organic increase of 2.1% - Optimization and transformation programs impact operating profit; consolidated EBIT of EUR 720 million near level of previous year - Forecast for full-year 2015 unchanged: consolidated EBIT projected to reach EUR 3.05 to 3.2 billion - CEO Frank Appel: "A moderate start to the year, as we expected" Bonn, 12 May 2015: Deutsche Post DHL Group, the world's leading mail and logistics group, further increased revenue in the first quarter of 2015. Revenue grew by 8.8% over the prior-year quarter to EUR 14.8 billion (2014: EUR 13.6 billion). Adjusted for positive currency effects, revenue also grew, with improvements in all four divisions contributing to an organic increase of 2.1%. This development reflects sustained growth in revenues and volumes in the international express business as well as in the German parcel business. The Group's operating profit slightly decreased by 1.0% in the first quarter to EUR 720 million, primarily due to the weak performance registered by the Global Forwarding, Freight business and planned, non-recurring restructuring costs in the Supply Chain division. "We saw a moderate start to the year, as we expected," said Frank Appel, CEO of Deutsche Post DHL Group. "Our strategy, aimed at growth in e-commerce and the emerging markets, in particular, is progressing. At the same time, as we transition from Strategy 2015 to our new Strategy 2020, we are now consciously undertaking a number of specific measures. These measures will allow us to build a strong base to bring our strategic priorities forward. We are investing significantly to ensure that our four divisions are optimally positioned, even though this is having a temporary impact on our performance, as we previously discussed. Our overarching focus today is on the sustainable, profitable growth of our business." Outlook: Earnings forecast for 2015 and 2016 and long-term targets confirmed Although Deutsche Post DHL Group expects global growth to be moderate at best in 2015 and continues to make substantial investments in its long-term success, the Group has confirmed its targets. Operating profit is projected to increase to between EUR 3.05 billion to EUR 3.2 billion in 2015. The Post - eCommerce - Parcel (PeP) division is expected to contribute at least EUR 1.3 billion to that figure, while the DHL divisions are projected to record an EBIT increase to between EUR 2.1 billion to EUR 2.25 billion. For Corporate Center/Other, the Group anticipates stable expenses of approximately EUR 350 million in 2015. In addition, the Group continues to expect free cash flow to again be generated in an amount sufficient to cover the dividend to be paid out for financial year 2014. For 2016, Deutsche Post DHL Group reconfirms its forecast of a rise in EBIT to between EUR 3.4 billion and EUR 3.7 billion. The PeP division is expected to contribute more than EUR 1.3 billion to this figure and the DHL divisions between EUR 2.45 billion and EUR 2.75 billion. Deutsche Post DHL Group continues to forecast that operating profit will increase by an average of more than 8% annually during the period from 2013 to 2020 (CAGR). The DHL divisions are expected to contribute to the improvement with average EBIT growth of 10% per year. At PeP, operating profit is expected to increase by an average of around 3% per year. The Group additionally plans to keep expenses for Corporate Center/Other at less than 0.5% of consolidated revenue until 2020. First quarter of 2015: Revenue increases by EUR 1.2 billion The first quarter of 2015 saw a year-on-year revenue increase of 8.8%, or nearly EUR 1.2 billion, to EUR 14.8 billion (2014: EUR 13.6 billion). The DHL divisions contributed 10.9% to that figure and the PeP division 3.6%. After adjustment for currency effects, Group revenue increased by 2.1%. Consolidated EBIT fell slightly by 1.0% in the first three months to EUR 720 million (2014: EUR 727 million). The PeP division marginally increased EBIT by 0.8% to EUR 399 million, with the ongoing dynamic growth of the Parcel business offset by further declines in Post volumes and higher costs. The Express division registered an increase in operating profit of 20.3% to EUR 332 million in the first quarter due to continued strong growth in the international time definite (TDI) business. By contrast, EBIT in the Global Forwarding, Freight division decreased to EUR 17 million (2014: EUR 49 million), mainly due to the impact of the division's transformation program and continued margin pressure within the overall market. Operating profit in the Supply Chain division declined in the first quarter to EUR 53 million (2014: EUR 85 million), due principally to non-recurring costs for the division's optimization program. Consolidated net profit slightly decreased by 1.4% in the first quarter to EUR 495 million (2014: EUR 502 million). This corresponds to basic earnings per share of EUR 0.41 per share (2014: EUR 0.42). Capital expenditure: Group reinforces its growth base with further investments Deutsche Post DHL Group invested significantly, again, in the first quarter of 2015 in order to strengthen its base for future success. Investments were made in all four divisions with a focus on positioning the Group for future profitable growth. In the first three months, the Group invested EUR 274 million (2014: EUR 176 million). Capital expenditure was principally directed towards expanding the domestic and international parcel infrastructure, modernizing global and regional express hubs and developing a more efficient aircraft fleet, as well as for the transformation initiative within the Global Forwarding business and new contract start-ups in Supply Chain. Cash flow: Usual seasonal trend At EUR -377 million (2014: EUR -348 million), free cash flow for the quarter reflected the usual seasonal trend in which the Group's cash flow is impacted by the annual advance payment for civil servants' pensions. This year, the payment amounted to EUR 530 million. The year-on-year decrease in free cash flow was predominantly the result of higher payments for capital expenditure (net cash capex). Post - eCommerce - Parcel: Continued strong growth in the parcel business Revenue in the Post - eCommerce - Parcel division increased by 3.6% in the first quarter to EUR 4.1 billion (2014: EUR 4.0 billion). EUR 1.5 billion of that figure was attributable to the eCommerce - Parcel business, which continued to register dynamic growth to achieve an improvement of 13.7% over the prior year. The increase, including positive currency effects, reflects revenue growth of 25.8% in eCommerce, 12.1% in Parcel Germany and 4.8% in Parcel Europe. This positive trend demonstrates that Deutsche Post DHL Group continues to benefit from its successful positioning in the high-growth e-commerce, parcel market. Innovations such as parcel boxes for apartment buildings and the recently piloted car drop delivery service continue to advance the Group's leading position in the market. In contrast to eCommerce - Parcel, revenue in the Post business decreased by 1.7% in the first quarter to EUR 2.6 billion, once again illustrating the impact of structural change as the mail market shrinks. The above figure includes revenue declines in both mail communication (-0.6%) and dialogue marketing (-2.8%). Price increases for postal products in Germany helped to mitigate the effects of the volume decline. Operating profit in the PeP division rose by 0.8% to EUR 399 million (2014: EUR 396 million). This reflects the higher revenues in eCommerce - Parcel, which were partially offset, however, by lower Post volumes, higher staff and purchased goods and services costs as well as expenses especially related to the international expansion of the Parcel business. Express: Success story continues The Express division significantly increased both revenue and earnings in the first three months of the year. Revenue climbed by 12.5% in the first quarter to EUR 3.2 billion (2014: EUR 2.9 billion). Adjusted for currency effects, the increase amounted to 2.3%, held back by lower fuel surcharges. The main driver of the sustained positive trend in the Express division was further strong growth in the TDI business, where first-quarter volumes rose by 7.1% compared with the prior-year period. The division performed even better with respect to operating profit: EBIT rose by 20.3% to EUR 332 million (2014: EUR 276 million). This again demonstrates the positive effects of volume growth. The EBIT margin increased to 10.2% in the first quarter compared with the prior-year figure of 9.6%. To continue leveraging the division's strong position, Express will continue to invest in its global aviation and hub network. Global Forwarding, Freight: Earnings impacted by transformation program Despite the still-challenging market environment, reported revenues in the Global Forwarding, Freight division increased by 7.6% to EUR 3.8 billion (2014: EUR 3.5 billion). Adjusted for currency effects, revenue increased by 2.7%. Ocean freight volumes rose by 2.3% in the first three months, while air freight volumes remained at approximately the prior-year level (+0.3%). In contrast, the division's operating profit experienced a sharp decline to EUR 17 million in the first quarter (2014: EUR 49 million). This is due to ongoing margin pressure in the overall market, as well as direct and indirect costs related to the transformation program. In the wake of the weak development, the new management of the division will intensively focus on improving the operating performance. In parallel, the results from the countries that have piloted the transformation program, as well as the impact of the worldwide organizational alignment implemented as part of the transformation, will be reviewed in detail. Based on this review, the future implementation approach will be defined. Supply Chain: EBIT declines due to non-recurring costs for optimization program Revenue in the Supply Chain division increased by 12.4% in the first quarter of the year to EUR 3.9 billion (2014: EUR 3.5 billion). Adjusted for currency effects, revenues rose by 0.8% over the prior-year period. The division was able to conclude new business contracts with a volume of EUR 260 million (annualized), particularly in the Automotive, Consumer and Life Science & Healthcare sectors. EBIT declined to EUR 53 million in the first quarter (2014: EUR 85 million). Planned, non-recurring costs for the Supply Chain optimization program were chiefly responsible for the decrease. The division intends to take advantage of the optimization program to increase margins to 4% to 5% by 2020 through further standardization, greater efficiency and improved utilization of economies of scale. - End - Note to newsrooms: At www.dpdhl.com you will find an interview with CFO Larry Rosen and background information on the Express division. The Group's investor conference call will be webcast beginning at 2 p.m (CET). Media contact Deutsche Post DHL Group Media Relations Dan McGrath/Christina Neuffer Phone: +49 228 182-9944 E-mail: [email protected] On the Internet: www.dpdhl.com/press Follow us: www.twitter.com/DeutschePostDHL Deutsche Post DHL Group Deutsche Post DHL Group is the world's leading logistics and mail communications company. The Group is focused on being the first choice for customers, employees and investors in its core business areas worldwide. It makes a positive contribution to the world by connecting people and enabling global trade while being committed to responsible business practices and corporate citizenship. Deutsche Post DHL Group operates under two brands: Deutsche Post is Europe's leading postal service provider. DHL is uniquely positioned in the world's growth markets, with a comprehensive range of international express, freight transportation, eCommerce, and supply chain management services. Deutsche Post DHL Group employs about 480,000 people in over 220 countries and territories worldwide. The Group generated revenues of more than 56 billion euros in 2014. The postal service for Germany. The logistics company for the world. Group financial highlights for the first quarter of 2015

                                        First quarter First quarter Change
in EUR m                                       20141)          2015   in %
Revenues                                       13,569        14,767   8.8%
- of which international                        9,205        10,320  12.1%
Profit from operating activities (EBIT)           727           720  -1.0%
Consolidated net profit2)                         502           495  -1.4%
Basic earnings per share (in EUR)                0.42          0.41  -2.4%
Diluted earnings per share (in EUR)              0.40          0.39  -2.5%

Divisional revenues for the first quarter of 2015

                         First    Share of      First    Share of
                       quarter       total    quarter       total    Change
in EUR m                  2014    revenues       2015    revenues      in %
Post - eCommerce -       3,960       29.2%      4,101       27.8%      3.6%
Parcel
Express                  2,879       21.2%      3,240       21.9%     12.5%
Global Forwarding,       3,523       26.0%      3,789       25.7%      7.6%
Freight
Supply Chain             3,506       25.8%      3,942       26.7%     12.4%
Corporate Center/         -299         n/a       -305         n/a     -2.0%
Other and
Consolidation
Consolidated            13,569        100%     14,767        100%      8.8%
revenues

Divisional EBIT for the first quarter of 2015

                                 First quarter     First quarter     Change
in EUR m                                20141)              2015       in %
Post - eCommerce - Parcel                  396               399       0.8%
DHL                                        410               402      -2.0%
- Express                                  276               332      20.3%
- Global Forwarding, Freight                49                17     -65.3%
- Supply Chain                              85                53     -37.6%
Corporate Center/Other and                 -79               -81      -2.5%
Consolidation
Consolidated EBIT                          727               720      -1.0%

1) Prior-year amounts adjusted. 2) After non-controlling interests. End of Media Release +++++ Additional features: Document: http://n.equitystory.com/c/fncls.ssp?u=XHNDOYOQDO Document title: PR Q1 Deutsche Post DHL Group --------------------------------------------------------------------- Issuer: Deutsche Post AG Key word(s): Enterprise 12.05.2015 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Deutsche Post AG Charles-de-Gaulle-Straße 20 53113 Bonn Germany Phone: +49 (0)228 182 - 63 100 Fax: +49 (0)228 182 - 63 199 E-mail: [email protected] Internet: www.dpdhl.com ISIN: DE0005552004 WKN: 555200 Indices: DAX Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Terminbörse EUREX End of News DGAP-Media --------------------------------------------------------------------- 356021 12.05.2015