EANS-News: Österreichische Post AG / Supervisory Board Lays the Groundwork for a Future-Oriented Management Structure Branch Network and Mail Divisions to be merged in the medium-term Simplificati

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Company Information

Wien (euro adhoc) - At a meeting held today, the Supervisory Board of
Austrian Post formally approved the practical implementation of the
results of an organisational and structural project. Against the
backdrop of the well-advanced conversion of company-operated post
offices to postal partner offices as well as the successful
realignment of Austrian Post´s cooperation with BAWAG PSK, it was
resolved to merge the Mail and Branch Networks divisions by the
beginning of 2012. This is a clear signal that the company will be
reorganised to ensure even greater efficiency and at the same time
more strongly focus on customer proximity and market requirements.

"The Supervisory Board of Austrian Post has decided to resolutely
press ahead with the merger of the Branch Network and Mail Divisions
on a medium-term basis. Thus Austrian Post is reacting to the ongoing
changes in the postal market," says Peter Michaelis, Chairman of the
Supervisory Board.

Furthermore, the Presidential Committee of the Supervisory Board of
Austrian Post has been authorised to begin the process of inviting
applications for two Management Board positions which will be vacant
at the beginning and middle of 2012 respectively, Management Board
members of the Mail / Branch Network Division and Chief Financial
Officer. Peter Umundum has already been named to succeed Carl-Gerold
Mende, who resigned his Management Board position of the Parcel &
Logistics Division effective April 1, 2011.

end of announcement euro adhoc
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ots Originaltext: Österreichische Post AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Austrian Post
Head of Investor Relations
DI Harald Hagenauer
Tel.: +43 57767-30400
harald.hagenauer@post.at

Austrian Post
Head of Group Communications
Mag. Ina Sabitzer
Tel.: +43 577 67-21763
ina.sabitzer@post.at

Austrian Post
Press Spokesman
Michael Homola
Tel.: +43 577 67-32010
michael.homola@post.at

Branche: Transport
ISIN: AT0000APOST4
WKN: A0JML5
Index: ATX Prime, ATX
Börsen: Wien / Regulated free trade