On 27 July 2009 TNT N.V. declared an interim dividend of € 0.18 per share, that is payable, at the shareholder's election, either wholly in ordinary shares or wholly in cash.
Shareholders who elected an interim dividend in shares will receive one new TNT N.V. ordinary share for every 91 dividend rights. This stock dividend right represents a value of € 0.1869 which is 3.82% above the value of the cash dividend. The conversion rate has been based on the volume-weighted average share price of € 17.0062 for all TNT N.V. shares traded on Euronext Amsterdam over the three trading
Shareholders who elected an interim dividend in shares will receive one new TNT N.V. ordinary share for every 91 dividend rights. This stock dividend right represents a value of € 0.1869 which is 3.82% above the value of the cash dividend. The conversion rate has been based on the volume-weighted average share price of € 17.0062 for all TNT N.V. shares traded on Euronext Amsterdam over the three trading
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