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November 5, 1999

FedEx Continues Its Post-Earthquake Relief Efforts

FedEx and Its Employees donates NT$2,000,000 to Taiwan Red Cross

TAIPEI, Nov. 5, 1999 - Federal Express Corp. (FedEx) announced today that it will donate a total of NT$2,000,000, including FedEx Taiwan employees' one day wage donation of NT$825,469 to the Taiwan Red Cross Organization. This 921 earthquake special relief fund further underscores FedEx's support for the earthquake victims, in addition to the other relief services already provided.

Jimmy Chen, Managing Director of FedEx Taiwan said "Our post-quake reconstruction efforts and assistance are continuous. We hope each of our donations can help victims through the earthquake. This demonstrates the social responsibility and compassionate spirit of FedEx and its employees by assisting people whose lives have been affected by the earthquake."

FedEx has also been actively offering support and assistance to the Taiwanese government, which includes providing free transportation service for critical supplies to affected areas.

In Taiwan, FedEx initially offered its Taichung station for collecting and transporting relief materials to the rescue centers in Taichung and Nantou County. During the first two days after the 921 incident, FedEx provided 12 vehicles to deliver relief supplies from Taichung to earthquake-affected regions and 14 vehicles for transport from Taipei to disaster areas. More than 85 FedEx staff also volunteered to deliver the emergency aid materials during the Mid-Autumn Festival holidays.

In addition, On September 27,1999, FedEx cooperated with the Hong Kong Red Cross to transport more than 13,000 kg of relief materials from Hong Kong to Taiwan including 319 cartons of sleeping bags, 4 cases of generators and 16 cases of flash lights, FedEx also helped B&Q to transport 100 generators from England to Taiwan. On September 29,1999, FedEx supported World Vision and Heart To Heart Organization in expeditiously transporting medical injection devices, to disaster areas in Taiwan.

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