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The GroupInvestor Relations
Singapore 23.January 2006

SingPost launches Speedpost Express

World Class Delivery with Twice the Power

Singapore Post Limited (“SingPost”) today announced the official launch of its premium express courier service, Speedpost Express.
Speedpost Express offers customers a time-sensitive, door-to-door international express delivery service with track and trace features. Where time is critical, Speedpost Express is the delivery highway to the customers’ destination as it is a faster mode of delivery service for their urgent and time-sensitive documents and packages.

Retail customers of Speedpost Express can now enjoy the time-sensitive international courier delivery service that is conveniently available at all post offices, while corporate customers can enjoy a seamless one-stop solution for a range of local and international delivery services tailored to their needs. With the combination of the wide local network of 62 post offices and 70 authorised local agents, together with a world renowned international express and logistics partner – DHL Express, whose vast international delivery network spans a geographical coverage of more than 220 countries and territories worldwide, Speedpost Express customers can now enjoy world class delivery with twice the power.

With Speedpost Express’ international express delivery service, SingPost’s customers can enjoy the convenience of dropping off their packages and documents at any of the 62 post offices (with extended opening hours till 9pm for selected post offices) or 70 authorised postal agents. Their recipients can look forward to having the items delivered at their door-steps. And with the online tracking features, Speedpost Express customers can easily trace and locate their documents and packages anywhere in the world, any time. In addition, Speedpost Express customers get to enjoy a hassle-free one-stop delivery service which includes the swift customs clearance.

As a premium express courier service, the delivery time frames for Speedpost Express are on average one to two days faster to the popular destinations such as Malaysia, Hong Kong, China and USA. Please refer to Annex A for the comparison table on delivery time frames and costs between Speedpost Express and Speedpost Worldwide Courier.

Mr Lau Boon Tuan, Group CEO, SingPost, said: “Retail customers can enjoy this service offered at our very accessible and conveniently located 62 post offices, while our corporate customers will get to enjoy a seamless one-stop solution for a range of local and international delivery services, mailing, mailroom and direct mail solutions.”

Mr Teo Ser Luck, General Manager of DHL Express Singapore, said: “DHL is delighted to partner with SingPost on this new service which offers express delivery of documents and packages from Singapore to the rest of the world. With our unrivalled international delivery network and proven track record, we hope to take the express courier service segment to the next level. We believe customers will benefit the most from this new service provided by market leaders in their respective businesses. Indeed, the power of two will go a long way towards ensuring quality and service for this new offering. Furthermore, with SingPost’s ubiquitous islandwide presence and DHL’s network links to more than 220 countries and territories worldwide, sending a parcel to business associates, friends or loved ones just got easier.”

Speedpost Express joins the Speedpost suite of services to offer customers more choices for their delivery needs. The other Speedpost services include Speedpost Worldwide Courier, Speedpost Air Parcel and Speedpost Freight.

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