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New Milestone in Company's History as ANC Becomes FedEx UK

About 2000 vehicles, 3000 Uniforms Will Carry New Brand

LONDON - September 17, 2007 - FedEx Express, the world's largest express transportation company, today announced the re-branding of its recently-acquired UK domestic express company, ANC. From today, ANC will be known as FedEx UK and the new brand will be rolled out across all assets and uniforms by autumn next year.

“Since acquiring ANC in December last year, our management teams have been working together to ensure the benefits of the acquisition are passed on to customers of both organisations.   Today’s unveiling of the new brand is an exciting step in fully embracing the FedEx UK staff and operations into the broader FedEx family,” said Robert W. Elliott, president, FedEx Express, Europe, Middle-East, Indian sub-continent and Africa  

            “Today marks a major and symbolic milestone in our corporate history and one that everyone at FedEx
UK warmly welcomes.   At the end of the re-branding in the autumn of 2008, about 2,000 vehicles and 3,000 uniformed employees and contractors will proudly carry the new FedEx UK livery,” said FedEx UK CEO, Michael Holt.

            Under its new brand, FedEx
UK will continue to provide an outstanding range of comprehensive domestic distribution and logistics services with an established national pick-up and delivery network.   FedEx UK will build on its strong customer service heritage and remain focused on delivery reliability and the development of its employees.


About FedEx Express

             
FedEx Expressis the world's largest express transportation company, providing fast and reliable delivery 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 $35 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 280,000 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 http://news.fedex.com.

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