OREANDA-NEWS. September 11, 2012. KfW, the largest shareholder of Deutsche Post AG, announces that it completed the sale of 60 million shares in Deutsche Post AG. The shares were offered to institutional investors for a price of EUR 15.40. Following this placement, the free float will increase from approximately 69.5% to around 74.5%.

KfW will remain Deutsche Post AG’s largest shareholder with an aggregate holding of approximately 25.5% also after completion of the placement. KfW has entered into a lock-up agreement of 90 days with the bookrunner for its remaining shareholdings.

"In consultation with the Ministry of Finance, KfW decided to take advantage of the favourable conditions in the equity markets in order to continue the successful privatisation process of Deutsche Post”, commented Dr Gunther Braunig, member of KfW’s Executive board.

KfW was advised on the transaction by Rothschild and the bookrunner of the transaction was BofA Merrill Lynch.

Disclaimer: This press release does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in Australia, Canada, Japan, or the United States of America or in any jurisdiction to whom or in which such offer or solicitation is unlawful. The securities referred to herein may not be offered or sold in the United States of America absent registration under the U.S. Securities Act of 1933, as amended (the "Securities Act”) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The offer and sale of the securities referred to herein has not been and will not be registered under the Securities Act. There will be no public offer of the securities in the United States of America.