HONG KONG, April 13, 2005. - FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, has been honored as the top five Best Employer in Best Employers in Hong Kong 2005 study.

Organized by Hewitt Associates, in conjunction with the South China Morning Post, the top employers were determined based on perspectives of the CEOs, an inventory of People Practices and an Employee Opinion survey in addition to an audit of selected participating companies which examined people management practices in many of the local corporations like FedEx.

Mr. Luiz Tung, Managing Director of FedEx Hong Kong and Macau accepted the honor from Ms. Andrea Zavadszky, Classified Post Editor of South China Morning Post in a special award ceremony in Hong Kong yesterday.

“We are proud to be named among the top ten employers in Hong Kong, after recent receiving the Good People Management Award 2004 recognition,” said Mr. Tung. “These awards are the direct results of the contributions of our employees and our success in “living” our People-First founding philosophy that has made FedEx successful. We will continue to look at ways to ensure the right environment for our employees to deliver the best services to our customers and grow with FedEx.”

About FedEx Express

FedEx Express, a subsidiary of FedEx Corp., connects areas that generate 90% of the world’s gross domestic product in one to three business days with door-to-door, customs-cleared service and a money-back guarantee. The company’s unmatched air route authorities and infrastructure make it the world’s largest express transportation company, providing fast, reliable and time-definite transportation of approximately 3.2 million packages to more than 220 countries and territories each working day. FedEx Express employs more than 137,000 employees and has approximately 50,000 drop-off locations, 671 aircraft and more than 71,000 motorized vehicles in its integrated global network.

About FedEx Corp.

FedEx Corp. (NYSE:FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $29 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 250,000 employees and contractors to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit

About Hewitt

Hewitt Associates (NYSE: HEW) is the world’s foremost provider of human resources outsourcing and consulting services. The firm consults with more than 2,300 companies and administers human resources, health care, payroll and retirement programs on behalf of more than 300 companies to millions of employees and retirees worldwide. Located in 35 countries, Hewitt employs approximately 19,000 associates.

Founded in 1940, Hewitt maintains its headquarters in Lincolnshire, Illinois. The firm is led by Chief Executive Officer Dale Gifford, who has been with Hewitt since 1972.