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CEVA logistics signs contract with Saint-Gobain

São Paulo, Brazil, December 15, 2008 - CEVA Logistics, a leading global supply chain management company, today announced it has signed an agreement with the French company Saint-Gobain, a design, production and distribution company of materials for industrial and consumer markets, with a strong presence in the national market and 70 other countries. The operation will cover Saint Gobain's Santa Marina division of home utility products under the Marinex© brand and its Glass Division.

For the Santa Marina Division, CEVA will be responsible for the transfers between the Santa Marina factory, located in the city of São Paulo, and the one in Canoas in the Rio Grande do Sul State (south of Brazil), to the Central Warehouse in the Vila Leopoldina neighborhood, also in São Paulo.

The operations for the Glass Division are conducted inside the state of São Paulo and include picking up empty containers in the terminals of Santos and Guarujá, and transporting them to the site located in São Vicente.

"With this contract, we reach our goal of diversifying our portfolio of customers, advancing in the segment we call industrial", commented Paulo Franceschini, director of Business Development at CEVA.

It is forecasted that the flows for the two Saint-Gobain divisions will initially account for more than 180 trips a month. The model designed for Saint-Gobain was based on the management of CEVA's Operational Control Center (CCO) and shares the structure previously created to service the demands of the automobile sector.

"With the use of the CCO management of Saint-Gobain's operations, we have managed to optimize the fleet used for this kind of transportation and have offered advantages that we created years ago for another business segment", commented Ricardo Melchiori, director of CEVA Operations responsible for the Saint-Gobain operations.

The CEVA CCO works as a control tower operating 24 hours a day, 7 days a week, coordinating all transfer transportation between the CEVA units in South America and its customers. This technology programs and monitors more than 2,000 trips per month of approximately 260 dedicated vehicles.

In order to conduct activities like vehicle programming, load tracking and monitoring of performance indicators, CEVA uses the TMS Orion, a system developed internally to manage all of its transportation operations. This system received the ABML award (Brazilian Association of Movement and Logistics) as best information technology applied to logistics in 2006.

For more information contact:
Elisandra Casaroti
elisandra.casaroti@cevalogistics.com
+55 11 4072.6466

CEVA Making Business Flow
CEVA Logistics is a leading global supply chain management company. We provide end-to-end design, implementation and operational solutions in contract logistics and freight management to large and medium-sized national and multinational companies. CEVA employs circa 50,000 people and runs an extensive global network with facilities in over 100 countries. For the year ending 31 December 2008, the Group reported revenues of €6.3bn. For more information, please visit www.cevalogistics.com

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT of 1995:
The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, the process of combining EGL and CEVA, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic climate in Asia and the US, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of integrating recently acquired businesses and future business combination or dispositions and other factors detailed in risk factors and elsewhere in CEVA and EGL's most recent Annual Reports, including but not restricted to the EGL Annual Report on Form 10-K. Further information concerning the Company and its business, including factors that potentially could materially affect the Company’s financial results, is contained in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize (or the consequences of such a development worsen), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. EGL and CEVA disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.

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CEVA logistics signs contract with Saint-Gobain

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