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CEVA Thailand Ranked Number One in Airfreight by IATA

BANGKOK, Thailand, May 28th, 2008 - CEVA Logistics one of the leading supply chain companies in the world has announced airfreight growth of 26% in Thailand propelling it to the number one position in the International Transport Air Association (IATA) ranking for 2007.

"CEVA's table-topping sales volume of 2.88 billion baht (57 million euros) is a result of understanding our customers' needs," says Roy Tan, CEVA Thailand's Country Manager Freight. "CEVA Thailand's focus on key segments of growth such as automotive, information technology and healthcare has paid dividends, resulting in it being only one of three companies in the top ten to record growth."

"A big reason we are number one in airfreight today is that we understand our customers' business and their needs and how to make their business flow. If you look from sector to sector you will find that different criteria create different priorities for each sector," continues Tan. According to Tan, while companies may change airfreight forwarders frequently to achieve lower costs, others find greater success entering into longer-term relationships in which they treat their forwarders as partners.

Tan added, "The outsourcing of logistics is growing significantly in Thailand and that growth has made us number one in the air cargo market. We are able to provide complete solutions for our customers." Tan explained that the company's relationship with airlines was crucial to the growth, "Our Asia Pacific regional office works closely with us to ensure our global relationships with airlines continue to offer maximum benefits for our customers."

In terms of air freight services, CEVA offers the widest and most comprehensive range. It provides coverage to more than 100 countries, courier or hand-carried services, critical response services for urgent shipping needs, door-to-door or airport-to-airport or combination services, oversized cargo services and even worldwide charter services.

For more information contact:
Paula Satink
+31 23 568 3492
Paula.Satink@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 Thailand Ranked Number One in Airfreight by IATA

Careers

Investors

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