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FedEx Domestic Time-Definite Service Takes Off in China

Next-Business-Day Service Now Available in China - Expanded From 19 To More Than 30 Cities

Memphis, U.S. - June 28, 2007 - FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, has now made its iconic next-business-day service available to customers throughout China. Since FedEx began its next-business-day service on 28 May, coverage has expanded from 19 to over 30 cities, while 48-hour day-definite service is offered in more than 200 cities and counties. As a result of increasing customer demand, the number of cities being served continues to expand rapidly.

"Businesses in China have been waiting for FedEx to make this time-definite service available,” said David L. Cunningham, Jr., president, Asia Pacific, FedEx Express.  “We have seen healthy and encouraging demand from our existing international customers and potential new customers. Since we began operations less than a month ago, thousands of domestic express packages have already passed through our hub in Hangzhou."

Photo:  FedEx couriers sort a commemorative batch of shipments destined for over 30 cities around China. These packages will all arrive at their destination by FedEx next-business-day service.

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Media Relations Contact:      
Julia Khong, Asia Pacific +852-903-60097
Darcie Goodwin, United States +1-901-335-6994

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