Kerry Logistics Secures Freight Forwarding and Logistics Contract with Exego Group

Australia - 29 May 2012 - Kerry Logistics, a leading global logistics service provider has secured the contract to provide international freight forwarding and logistics services to the Exego Group, the largest retailer and supplier of after sales automotive parts and accessories in Australia and New Zealand.

The contract will involve Kerry Logistics providing all global freight forwarding services as well as developing consolidation hubs in Hong Kong, Shenzhen Yantian, Shanghai, and Taiwan.

The contract also includes provision of cross docking and logistics services in Australia and New Zealand.

“We are delighted to have secured the contract with Exego Group and to expand our presence in the Australian and New Zealand markets. We will be leveraging both our international freight forwarding network and logistics services for this contract, which demonstrates our operational strength in depth,” said Kelvin Mason, Executive Director, Australia, Kerry Logistics.

The Exego Group has five separate operating divisions servicing the automotive aftermarket. It operates some 450 stores in Australia and New Zealand and has revenues in excess of US$1 billion.

About Kerry Logistics

Kerry Logistics is Asia’s premier logistics service provider with a strong focus on China. Based in Hong Kong, Kerry Logistics has offices in 23 countries with over 16,000 employees and a transportation fleet of 8,000 vehicles. Its core business encompasses integrated logistics, international freight forwarding and supply chain solutions. By owning and managing 3m sq.m. of logistics facilities, it provides customers with reliability and flexibility to support their future expansion and long-term growth. Kerry Logistics Network Limited is a wholly owned subsidiary of the Hong Kong-listed Kerry Properties Limited.