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FedEx Express Ranked Amongst the Top 20 Great Places to Work For in India

MUMBAI, India, May 16, 2008 - Ex Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the leading express transportation company ranked No 16 in the Great Places to Work Study (GPTW) 2008 in India. FedEx is the only Express Transportation Company to make it to the top 25 list of companies. The annual GPTW survey was conducted by the Great Places to Work Institute in association with The Economic Times in which 250 companies participated across India.

Speaking on the occasion, Jacques Creeten, Vice President, India, FedEx Express said, “FedEx is the only Express Transportation Company to be consistently ranked amongst the Top 25 Best Companies to work for in India for four successive years. With more and more companies participating every year, our consistent ranking is testament to the efforts that we have made as an organization to put our people at the heart of everything that we do.”

“Our‘People-Service-Profit’ philosophy is the essence of our organization. We believe that people are our biggest asset and we invest a significant amount of time and effort to gather feedback from employees and ensure that appropriate measures are taken to address concerns”, he added.

FedEx has consistently featured in the list of best companies to work for in various countries across the world. In India, FedEx has been placed among the top 25 companies to work with for four consecutive years and was awarded the Platinum Award for Excellence in People Management in 2007 for consistent ranking.

A robust people policy fosters growth from within, guaranteed fair treatment, diversity and equal opportunity along with a focused program on people development, which includes customized training and development, tuition assistance and rewards; that are among the key drivers of the FedEx Express success as a great place to work.

The company also actively engages with employees and strives for continuous improvement by leveraging employee feedback that is generated from an internal audit program as well as the GPTW survey.

The annual audit is conducted by the Great Place to Work Institute, Inc., a research and management consultancy based in the U.S. with International Affiliate offices throughout the world. In association with The Economic Times covers a wide array of critical processes ranging from recruitment, performance management systems, learning and development, rewards and recognition, compensation and benefits, and leadership development. The study also includes an employee survey, which measures the level of trust, pride, and camaraderie within the workplace, and a culture audit, involving management responses, which showcases the overall culture of the organization.

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, usually in one to two business days with the delivery time guaranteed.