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CEVA Logistics wins Lean & Green Award

CULEMBORG, The Netherlands, October 29, 2008 - Today CEVA, a leading global supply chain management company, was awarded the Lean & Green Award 2008 by Connekt, a Dutch forum that promotes smart and sustainable 'mobility' thinking among logistic service providers, shippers, NGO's, Governmental bodies and international partners.

CEVA won the award for their best practice example of a CO2 friendly supply chain redesign for customer Wärtsilä, a market leader in ship power and decentralized power plant solutions. In total, 9 companies were granted an Award. For CEVA, the Wärtsilä case methodology is exemplary for defining and monitoring its carbon footprint. It forms part of the integral Corporate Sustainability & Responsibility (CSR) approach of CEVA, that will be launched internally before the end of 2008.

CEVA and Wärtsilä recently signed a cooperation agreement for the 24/7 global spare parts transportation management and "control tower" activities for Wärtsilä Services. The transportation management system is being built at the moment and it will be fully implemented in 2009. Both companies see the CO2 reducing case as an integral part of the partnership between CEVA and Wärtsilä, because they both have CSR high on the agenda.

"CEVA is very pleased with the recognition for our CO2 friendly supply chain design" says Onno Meij, Managing Director of CEVA Logistics France, Benelux and Nordics. "The supply chain solution for Wärtsilä is a perfect example of how economics and sustainability come together in the logistical solution".

For more information contact:
CEVA Logistics
Bart Barel
+31 6 109 378 46
bart.barel@cevalogistics.com

Wärtsilä Corporation
Eeva Kainulainen
+358 40 568 0591

Wärtsilä in brief
Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 17,000 professionals manning 160 Wärtsilä locations in 70 countries around the world. Wärtsilä is listed on The Nordic Exchange in Helsinki, Finland. For more information, please visit www.wartsila.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 wins Lean & Green Award

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