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Singapore, 7 April, 2005 – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced the appointment of David Ross as Regional Vice President for its South Pacific operations.

Based in Singapore, Mr. Ross will be responsible for developing and executing the company’s corporate strategies and operations for FedEx in the South Pacific region, which covers Hong Kong, Singapore, Malaysia, Thailand, Australia, New Zealand and Indochina.

“I look forward to my new role, and am focused on continuing our strong development within the region by providing the highest level of service to customers who are looking to enhance their competitiveness in the market.” said Mr. Ross.

With over 12 years of experience at FedEx, Mr. Ross brings a strong operations background and an extensive knowledge of Asia to the position. Prior to taking up this role, Mr. Ross was serving as Regional Vice President for FedEx North Pacific, which includes Japan, Korea, Taiwan and Guam.

“With David Ross moving from North Pacific to lead our South Pacific operations, we expect to expand our processes of sharing best practices and growth strategies from around the entire region,” said Mr. David L. Cunningham Jr., President of FedEx Asia Pacific. “At FedEx, we always look to the long term when building our senior leadership.”

Mr. Ross replaces Peter Yin, who now assumes the role as Regional Vice President for FedEx North Pacific with immediate effect. Mr. Yin will be based in Tokyo and will be responsible for managing the company’s corporate strategies and operations for FedEx in Japan, Korea, Taiwan and Guam.