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Whyflyparcels

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Whyflyparcels

    Press release

    New forces in the Senior Management

    Team of DPD (Pegasus) Romania.

Bucharest, 17 June 2009 International parcel and express service

    provider DPD has strengthened its Senior Management Team in

    Romania with two new members as part of its expansion strategy.

    Alin Gherman has joined the Romanian Business Unit as Commercial

    Director and Catalin Dicu as Operations Director. In addition, Lucian

    Aldescu has been promoted to Chief Executive Officer of DPD

    (Pegasus) Romania while the previous CEO, James Gray-Cheape, has

    been appointed as General Advisor to the Board.

"The enhancement of the Senior Management Team has been done in line

    with the growth strategy for DPD (Pegasus) Romania. Following our

    acquisition by DPD majority shareholder GeoPost, we are preparing the

    company for considerable expansion in the coming years and accordingly

    are hiring experienced and talented staff to join our dynamic team,

    declared James Gray-Cheape who founded Pegasus Courier S.A. and has

    been CEO since 1996.

Lucian Aldescu who has been appointed Chief Executive Officer was

    previously the Chief Operations Officer. “In spite of the general economic

    slowdown, our position on the market is stable and we are willing to

    continue our consistent development process in line with the market needs,

    declared Aldescu. Earlier this year, Aldescu was appointed President of

    A.O.C.R. (The Romanian Association of Courier Operators) as a

    recognition of his extended experience in the field.

Alin Gherman joined DPD (Pegasus) Romania as Commercial Director. He

    has a wide experience in sales and marketing, having previously worked for

    DHL, Procter & Gamble, Holdmann and Babel Communications. He holds

    an EMBA from Asebuss & Kennesaw State University.

    Press release

    Catalin Dicu is the new Operations Director of DPD (Pegasus) Romania. He has a wide experience in the CEP industry having previously been Executive Director at the postal division of TCE-Curiero. He has a MBA degree from Tiffin University.

    The changes in the management structure are part of the continuous development that the company has encountered especially in the last year after a majority in shareholding was acquired by DPD majority shareholder GeoPost, ranked second in Europe in the CEP (Courier, Express & Parcel) market in the business-to-business sector. “Our team is stronger than ever

    and eager to offer the best solutions to our customers in terms of parcel shipping and logistics, said Lucian Aldescu. Our main objective for this

    year is to continue the introduction of high-performance products and systems from the DPD portfolio.”

    Last year, DPD (Pegasus) Romania launched DPD CLASSIC, giving access to one of the best-performing European road parcel networks with a great price-to-performance ratio for shipping parcels in Europe.

    Earlier in 2009, DPD (Pegasus) Romania introduced several products from the DPD portfolio. Collection Request offers the possibility to order for goods to be brought from Europe to Romania. Exchange service is dedicated to serve claims by delivering products to replace the faulted ones which are returned. The concept of Parcel-Shop was introduced in Romania following the model of DPD Paket-Shop with 3.500 units in Germany and the Parcel-Shops of Chronopost with 20.000 offices in France.

    In July, DPD (Pegasus) Romania plans to launch DPD C.O.D (Cash on delivery), a service particularly targeting the e-commerce sector which is expected to grow consistently in Romania in the next period. The service offers the possibility of shipping parcels with reimbursement anywhere in

    Press release

    Europe and is created specially for online shopping providers. By the end of the year, DPD plans to implement other products and services with added value from the international portfolio aiming to permanently increase the quality offered to its customers.

    During 2009 and 2010, Pegasus is going through a re-branding process along with the campaign “Pegasus becomes DPD”.

About DPD

    With the shipment of 2 million parcels a day in a seamless international network DPD is a leading international provider of express and parcel services. The DPD brand is represented throughout Europe and worldwide. DPD offers its customers a wide spectrum of domestic and international services, ranging from standard and express parcels via a wide spectrum of service options right across to solutions tailored specifically to customer requirements. At more than 500 depots in above 40 countries a workforce numbering over 22,000 and 15,000 vehicles operate on behalf of 200,000 customers. The company's management is led by Arnold Schroven (CEO) and John Acton. France's GeoPost Group, a wholly-owned La Poste subsidiary, is the majority shareholder in DPD. The minority shareholders are DPD Systemlogistik GmbH & Co. KG (10.47 per cent shareholding) and DPD Zeitfracht GmbH & Co. KG (6.21 per cent shareholding).

About DPD (Pegasus) Romania

    Pegasus was established in 1997, as the first company in Romania offering intra-city deliveries. In 2000, Pegasus became the appointed representative for Airborne Express (the third express and parcel operator in USA) and for Aramex. Pegasus accomplished in 2003, its own domestic network that ensures delivery in 24 hours countrywide. In March 2008, GeoPost Yurtici Kargo acquired majority shareholding of Pegasus. Pegasus is currently the 4th largest local operator in Romania in the courier sector, with more than 500 employees, 74 depots, with the central hub in Sibiu, and delivering more than 8000 parcels every day. Pegasus has a 100% coverage of Romania and delivery in more than 220 countries worldwide. It has a market share of 10% domesticallly and 7% internationally.

About GeoPost

    The GeoPost Group consolidates the Express service subsidiaries of the La Poste Group and is a major player in express services in Europe, as shown by its top ranking road transport network, DPD. GeoPost operates in over 230 countries on

    Press release

    behalf of over 300,000 customers worldwide and is n?1 in France and n?2 at

    European level on the express parcel market with a consolidated turnover figure of

    3.292 billion euros in 2008.

Press contact:

DPD Dynamic Parcel Distribution GmbH & Co. KG

    Dr. Pia-Maria Zecevic

    Director Communications

    Wailandtstraße 1

    D-63741 Aschaffenburg

    Tel. +49 6021 492 7074

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