CEVA completes the organization which will support its global strategy focus on Supply Chain Solutions

HOOFDDORP, 18 March 2008 - CEVA Logistics, one of the leading supply chain companies in the world, has appointed Coen van der Maarel to the position of Global Sector Director Consumer Goods and Retail, effective March 1. In this role, Coen will work closely with CEVA’s Contract Logistics and Freight Management Business Units to substantially increase the organization’s market share in the industry sector.

With over 20 years in the logistics industry, van der Maarel comes directly from Christian Salvesen, where he held the position of Managing Director for Mainland Europe. Prior to that, he worked for Tibbett & Britten, Exel and later DHL Exel. At CEVA, he will be responsible for managing Global Key Accounts and developing Smart Supply Chain Solutions for the Consumer Goods and Retail industry.  “I feel very privileged to be a part of this new leading brand in logistics. In the coming months, we will intensify customer contacts to develop continuously our tailor-made solutions, thereby reinforcing our footprint in the Consumer Goods and Retail market.”

With Coen’s appointment, CEVA completes the organization supporting its global strategy focus on Supply Chain Solutions for three global industry sectors: Automotive, headed by Jeff Hurley; Technology, led by Jan Martin Witbreuk; and Consumer Goods and Retail. Pierre Girardin, Group Director Strategy and Contract Logistics Business Development, said: “Until recently, the Consumer Goods and Retails sector was stagnant. Now, with the integration of CEVA Contract Logistics and Freight Management capabilities, and with the arrival of Coen, the company will place greater focus on the dynamic development of one of the largest sectors in the global logistics market.”

Coen van Maarel will be based in CEVA’s head office in Hoofddorp, in the Netherlands.

For more information contact:
Paula Satink
Senior Public Relations
+ 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 forwarding to large and medium-sized national and multinational companies. CEVA employs 54,000 people and runs an extensive global network with facilities in over 100 countries. Following the merger with EGL in August 2007, the new combined company had pro forma sales of € 6.3 billion. For more information, please visit www.cevalogistics.com.

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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.