Asia Pacific (English)

FedEx Expands Express Freight Service in Asia Pacific

HONG KONG, May 14, 2007—FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced the expansion of its International Priority Freight Service from its Asia Pacific region to an additional 27 countries. This expansion increases express freight coverage served from Asia Pacific to over 90 countries.

FedEx International Priority® Freight offers customers a time-definite, premium airfreight service for international palletized shipments or an individual package weighing more than 150 lbs (68kgs) or shipments that exceed the normal size restrictions. It also offers customers the ability to combine pickup, line-haul and delivery options to meet their transportation needs.

“With international trade volume growing at more than six percent per year over the past decade, the expansion of fast and reliable airfreight services is essential to businesses in Asia,” said David L. Cunningham Jr., president of FedEx Asia Pacific. “Air express services, including FedEx Express Freight, will become more crucial for businesses to streamline their supply chains while marketing finished products faster than ever.”

Customs clearance is included in the transport rate and shipments are backed by a FedEx money-back guarantee. This priority service is supported by leading-edge technology, which allows customers to increase efficiency in supply chain management and provide complete transparency in the movement of goods.

For details on the new destinations and the cut-off times, customers can contact the FedEx customer service hotline or visit the FedEx Web site at fedex.com.

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.

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 US$35 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brands. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 275,000 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 fedex.com.