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June 13, 2000

Designated Official Express Courier of WCIT

FedEx to Reciprocate with Discount Delivery Services

TAIPEI, June 13, 2000 -- FedEx Express (FedEx), a company committed to information technology development and the world's largest transportation company, has been designated the official express courier service provider for the World Congress on Information Technology (WCIT). The Republic of China Information Software Association (ROCISA), the organizer, has decided to do FedEx this honor. As a tribute to this biannual global event, FedEx will offer fast, reliable and time-definite international courier services, at a 35% discount, to the more than 1,600 participating IT industry celebrities and dignitaries from more than 50 countries and regions. The company will also share its IT achievements with participants by staging a display on supply chain management, global logistics and e-commerce solutions on the sidelines of the convention.

Never before was WCIT serviced by international express courier service providers. However, in view of a growing demand for time-definite delivery of goods and services following the advent of the Internet and in an attempt to present Taiwan in a more favorable light, ROCISA and FedEx reached a consensus, agreeing to include international express courier services in the WCIT exhibition. They concluded that such on-time delivery services are so important that they can make or break business deals. In addition, they also agreed that FedEx could amply demonstrate the pivotal role played by international courier service providers by offering cost effective services to participants during the event.

David Cunningham, president for FedEx's Asia Pacific Division, Rajesh Subramaniam, FedEx's vice president for marketing, communications, electronic commerce, and customer services, and Eddy Chan, the company's regional vice president for China and Mid-Pacific, will make a special trip to Taiwan to participate in the upcoming WCIT and exchange experiences with IT industry heavyweights regarding supply chain management, global logistics management and e-commerce.

Jimmy Chen, FedEx's managing director for Taiwan, pointed out: " Since 1985, long before widespread commercial use of the Internet, FedEx has been carrying out information exchanges with its clients through extensive networking. This is just one example of FedEx's success in IT development. I believe that the company's 6000-strong IT professionals will soon enjoy further success in e-commerce and supply chain management as a result of its success in global logistics services implementation.

"While promising time-definite, high-quality international services to its clientele, FedEX will make further inroads into the domain of logistics by offering its clients value-added services in supply chain management, global logistics and e-commerce. Through the combined force of its unparalleled express transportation, warehousing and IT networks, FedEx will help make Taiwan more competitive internationally."

Aside from offering express courier services, FedEx will also participate in the accompanying exhibition on the third floor of the Taipei International Conference Center (TICC), displaying its unique supply chain solutions. Furthermore, it will arrange presentations on its Express Distribution Center, e-commerce solutions, International Priority DirectDistribution and other services aimed at helping its clients enhance their competitiveness by reducing costs and expediting marketing processes.

During the June 11-14 WCIT and accompanying activities, FedEx, mindful of the participants' full schedules, will set up a service counter at the Taipei International Conference Center. Additional service centers will also be set up at the Far Eastern Plaza Hotel, Grand Hyatt, the Grand Hotel, Howard Plaza Hotel, and the Agora Gardens. Service hours are from 7:30 a.m. untill 7:30 p.m. In addition to delivery services, FedEx personnel managing the counters will provide packaging and tracking services. Participants in the convention are entitled to a 35% discount and will be continually updated on the whereabouts of the packages they have entrusted to us.

Taiwan IT industrialists participating in the event and representatives from the local and foreign media also will be offered the same 35% discount. In addition, FedEx will offer a complimentary delivery service for 700 packages, each weighing no more than 10 kilograms, thus saving the participating IT heavyweights the trouble of having to lug their own baggage.

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