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CEVA Logistics appoints Mario Escotero as new Human Resources Director

Escotero starts at CEVA with the challenge to consolidate the integration process of the company

DIADEMA, São Paulo, Brazil, August 27, 2008 - CEVA Logistics, one of the leading supply chain companies in the world, announced the appointment of Mario Escotero as Human Resources Director for CEVA Logistics South America. Escotero will be responsible for the integration process of the Contract Logistics and Freight Management divisions in the continent. He has worked in worldwide companies in the pharmacist and FMCG sectors such as Procter & Gamble, Novartis, EMS Pharmacist, Bunge and Bimbo Group.

With a degree in Psychology at Santo Amaro University and an MBA in Human Resources Management at USP - Sao Paulo University, Escotero will be responsible for managing more than 8,600 employees - 7,800 in Brazil and 850 in South America. "People are the heart of the success of CEVA's integration and the Human Resources Management Department is responsible to promote and support this plan, encouraging the creation of a new culture and its assimilation" says the executive. "My expectation is to make the company's values - Unity, Growth and Excellence - a daily experience to our employees in order to become best company of logistics in the sector."

For more information contact:
Elisandra Casaroti
Tel: +55 11 4072-6466
elisandra.casaroti@cevalogistics.com

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 appoints Mario Escotero as new Human Resources Director

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