Europe (English)

FedEx Creates Emerging Fashion Exporter Support Scheme

Paris, le 3 octobre 2005 - FedEx Express, a subsidiary of FedEx Corporation (NYSE: FDX), the world’s largest express transportation company, today announced the FedEx UK Emerging Fashion Exporter Support Scheme, a new annual programme providing new British fashion designers with financial, logistics and global shipping assistance in their crucial early years.

The inaugural recipient, Zufi Alexander, is a growing name in luxury handbag design. Ms Alexander recently won the UK Fashion Exports (UKFE) New Exporter Award, also sponsored by FedEx Express, in May 2005. The Award was presented by HRH The Princess Royal, President of UK Fashion Exports. The winner of the UKFE New Exporter Award will now automatically benefit from FedEx’s new scheme.

Announcing the scheme, FedEx Express Managing Director, Sales & Marketing, UK & Ireland, Andrew Gosheron, said:

“FedEx’s services have become increasingly important to today’s fast-paced, ever-changing fashion world. Designers depend on sourcing materials and distributing finished products all over the world. The scheme will help up-and-coming fashion designers understand the global supply chain.”

The winner will receive significant benefits under the FedEx scheme for a period of 12 months, including:

· financial support for shipping, travel and accommodation costs to exhibit at major fashion events in Europe, the United States and Asia

· access to high-level advice on shipping and supply-chain logistics from FedEx representatives

· mentoring from the previous year’s winner for the first three months.

“Receiving FedEx’s support so early in my career has already proven invaluable. I’ve learned a lot about what it takes get my handbags into the hands of my customers all over the world,” said Ms Alexander. “In addition, FedEx is funding my exhibition at Premier Classe in Paris as well as trade shows in London and in the US. It’s practical support and very important to enhancing my fashion career and my business.”

Executive Director of UKFE, Paul Alger, said:

“FedEx has created a meaningful and generous programme to help new UK fashion exporters take on the world. I am delighted that FedEx is helping foster outstanding young talent by investing in them early in their careers. Britain boasts some of the world’s best fashion design schools and a vibrant fashion culture. FedEx’s fashion export support scheme is structured to provide a deep understanding of the vital importance of international logistics as well as much needed financial support.”

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 our website.

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 3.3 million packages to more than 220 countries and territories each working day. FedEx Express employs more than 139,000 employees and has approximately 45,000 drop-off locations, 670 aircraft and approximately 40,000 motorized vehicles in its integrated global network.