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2010 Financial Results MTAC November 17, 2010 Vincent DeVito Vice President, Controller

2010 Financial Results MTAC November 17, 2010 Vincent DeVito Vice President, Controller. 2010 Year In Review. Mail Volume Declines and Financial Pressures Continue, Resulting in Substantial Net Loss Operating Results Favorable to Plan and 2009 Reduction of Approximately 40,000 Employees

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2010 Financial Results MTAC November 17, 2010 Vincent DeVito Vice President, Controller

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  1. 2010 Financial Results MTAC November 17, 2010 Vincent DeVito Vice President, Controller

  2. 2010 Year In Review • Mail Volume Declines and Financial Pressures Continue, Resulting in Substantial Net Loss • Operating Results Favorable to Plan and 2009 • Reduction of Approximately 40,000 Employees • Two Year Reduction of Over 100,000 FTEs • Approximately $9B Savings Over Two Years • Cut Operating Losses by Over 50 percent • Productivity and Service at All-Time High Levels

  3. 8 Quarter Moving Average Growth Rates % SPLY Quarterly Volume Changes First-Class Mail Volume FY 2010 FY 2007 FY 2008 FY 2009

  4. % SPLY 8 Quarter Moving Average Growth Rates Quarterly Volume Changes Standard Mail Volume FY 2009 FY 2010 FY 2007 FY 2008

  5. Workhour and Volume Changes FY 2010 60M 177M 151M 1.2B 171B 408M 225M 161M

  6. Total Factor Productivity

  7. 2010 Financial Results * Actuarial revaluation and discount/inflation rate adjustment to workers’ compensation liability

  8. Required by Law (PAEA) One of the Largest SOX Implementations Ever On Time Clean Opinion Sarbanes-Oxley Compliance Update

  9. 2010 Financial Results MTAC November 17, 2010 Vincent DeVito Vice President, Controller

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