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October 24, 1996

U.S. Overseas Citizens Vote for Free

Hong Kong, October 24, 1996 - Federal Express (FedEx) announces today that it will provide free shipments of pre-addressed absentee ballots completed by U.S. citizens living abroad and submitted from anywhere in the Asia Pacific region to anywhere in the United States, effective immediately and continuing through to November 5.

U.S. residents living in Asia Pacific who have received ballots can simply complete the ballot and take it to one of the manned FedEx Service Centers nearest to their location. There, it will be received, placed in a shipping envelope and sent free of charge back to the U.S.

All completed ballots must be dropped off no later than 12:00 noon on Tuesday, November 5, 1996 to the nearest manned FedEx Service Center located in Asia Pacific countries.

"It is our pleasure to provide this service free of charge to all eligible U.S. residents living in the Asia Pacific region. I encourage Americans in this region to take advantage of this special offer," Michael L. Ducker, senior vice president for FedEx's Asia Pacific Division, says.

Deadlines for delivery are subject to specific requirements listed in guidelines accompanying absentee ballot forms. U.S. citizens voting from overseas locations are encouraged to review the requirements for their respective voting jurisdictions. Specific inquiries may be addressed to the U.S. Government's Voting Information Center at (703) 693-6500.

FedEx currently serves the Asia Pacific market with almost 3,800 employees located in over 30 countries and territories. The company provides the most extensive trans-Pacific air lift of any major competitor. Operating its own widebody aircraft, including the MD-11, DC-10 and the A310 Airbus, FedEx operates more than 150 flights per week in overnight delivery to 13 major Asian commercial and financial centers, including Beijing and Shanghai in the People's Republic of China.

Federal Express is the world's largest express transportation company, providing fast and reliable services for more than 2.5 million items in 211 countries each working day. The company employs more than 122,000 people and operates more than 500 aircraft, 37,000 vehicles and over 350,000 Powership^® and FedEx Ship^TM automated systems in its integrated global network. Federal Express reported revenues of US$10.3 billion for its fiscal year ended May 31, 1996.