Panalpina awarded by Ericsson

Panalpina has been awarded to handle Ericsson’s local distribution warehouse and site deliveries across the United Arab Emirates.

Panalpina operates the 1000 sqm warehouse located in the Dubai Investment Park. Furthermore the service portfolio includes customs clearance, pick & pack as well as delivery to site, offloading by crane and reverse logistics.

Panalpina guarantees a 24/7 support. Delivery sites can be more than 2000 telecom sites across the country with an emergency response time of 4 hours from order entry until delivery on site.

«This business win is a major breakthrough for Panalpina’s supply chain management services in the Middle East. In combination with the previously awarded air freight and ocean freight business, Panalpina is offering a real end-to-end solution from the manufacturing plants in Asia and Sweden up to the telecom site located in rural areas or even off-road in the desert», says Johan Andersson, Corporate Key Account Manager Telecom Panalpina Arabian Belt.

Ericsson

Ericsson is the world's leading provider of technology and services to telecom operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and provides support for networks with over 2 billion subscribers and has the leading position in managed services. The company's portfolio comprises mobile and fixed network infrastructure, telecom services, software, broadband and multimedia solutions for operators, enterprises and the media industry. The Sony Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich personal mobile devices.

Ericsson is advancing its vision of being the prime driver in an all-communicating world through innovation, technology, and sustainable business solutions. Working in 175 countries, more than 80,000 employees generated revenue of SEK 206.5 billion (USD 27.1 billion) in 2009. Founded in 1876 with the headquarters in Stockholm, Sweden, Ericsson is listed on OMX NASDAQ, Stockholm and NASDAQ New York.

The Panalpina Group

The Panalpina Group is one of the world's leading suppliers of forwarding and logistics services, specializing in end-to-end supply chain management solutions and intercontinental air freight and ocean freight shipments. Thanks to its in-depth industry know-how and state-of-the-art IT systems, Panalpina provides globally integrated door-to-door forwarding services tailored to its customers' individual needs. The Panalpina Group operates a close-knit network with some 500 branches in 80 countries. In a further 80 countries, it cooperates closely with partner companies. Panalpina employs approximately 13,500 people worldwide.

For more details, please contact:

Media Relations Investor Relations

Martin Spohn Jürg Vogt

Tel. +41 61 226 11 66 Tel. +41 61 226 15 44

martin.spohn@panalpina.com

juerg.vogt@panalpina.com

Further information is available at www.panalpina.com