FedEx and UBIFRANCE sign a partnership to promote the development of French companies abroad

Paris, June 28, 2007 – Since March 14th, 2007, FedEx Express, a subsidiary of FedEx Corp (NYSE: FDX) and UBIFRANCE, the French agency for the international development of companies, have formed a partnership to spur French companies to conquer new markets abroad.

The partnership has a double objective: to create an offer of support abroad for FedEx’s customers and prospects by relying on the expertise of UBIFRANCE, to complement FedEx’s offering of international express transport, and secondly to promote FedEx throughout the UBIFRANCE network and the economic missions. The partnership will also give FedEx the opportunity to take part in forums and seminars of UBIFRANCE’s 2007 Program as well as in regional events in partnership with CCIs (Chambers of Commerce and Industry) or Economic Missions. For the first year of the partnership, FedEx has decided to focus on its operations in North America and Asia. The company also undertakes to promote UBIFRANCE’s services to its customers, by disclosing information in its newsletter, on its Website or in its brochure.

“This partnership is part of FedEx’s global growth policy, as the company is keen to promote trade between France and foreign countries. We believe that this public-private association, based on a combination of our skills and pooled efforts and initiatives, will allow us to strengthen support for our exporting customers,” says Alain Chaillé, Vice-President of Operations in Southern Europe at FedEx.

About UBIFRANCE and the Economic Missions

The UBIFRANCE and Economic Missions network is a public system supporting French companies in their export operations, regardless of their size or field of business. The network’s role consists in informing companies about the economic, legal, regulatory and competitive environment of the various countries. It also advises companies on their market approach and supports their commercial efforts thanks to an extensive range of services adapted to each step in the export process: canvassing missions, overseas trade fairs, meetings with partners or buyers, advertising in the international press, International Internship Program (V.I.E.).

UBIFRANCE, the French agency for international business development, is a public industrial and commercial body under the authority of the Minister of Foreign Trade. The Economic Missions report to the French embassies abroad and cover the services of the French Treasury and department of Economic Policy of the Ministry of Economic Strategy, Business and Employment. The 152 Economic Missions comprise bi-cultural teams of French and local specialists, and have operations in 145 countries. Every year, to help 13,000 French businesses in their global development, this network, which also includes the Regional Foreign Trade Authorities, relies on numerous partnerships both in France and abroad.

About FedEx Express

FedEx Express is the world’s largest express transportation company, providing fast and reliable delivery to every U.S. address and to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee.