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December 14, 1999

Federal Express Invests in New Fleet of Vans in Bangkok

BANGKOK, December 14, 1999 -- Federal Express (FedEx), the world's largest express transportation company, has invested in a new fleet of thirty-four brand new vans in efforts to enhance its services to its Thai customers.

The new vans will be used for FedEx's pickup and delivery operations around Bangkok. This investment is part of the company's reorganization plan following its recent move to full ownership and management of its operations in Thailand.

The L300L models were recently delivered by Mitsubishi Motors to Mr Ken Mouldey, FedEx Thailand Senior Manager. "This additional fleet of vans will enable us to provide our Thai customers with more efficient services. In addition to being able to accommodate the increasing demand for our service, we will also be able to provide faster and more reliable service," said Mr. Mouldey.

"The arrival of these new vans follow the launch of our latest "We Live to Deliver" advertising campaign. These vans will certainly be "moving billboards" and a tangible example of our commitment to our local customers to delivering on time, through thick or thin," he added.

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