FedEx Prepares Tomorrow’s Leaders

FOR IMMEDIATE RELEASE

FedEx Prepares Tomorrow’s Leaders in New Zealand International Trade Challenge

FedEx Express/Junior Achievement International Trade Challenge Program Aims to Educate Young People about Entrepreneurship, Teamwork and Global Trade

AUCKLAND, June 14, 2011— This weekend 74 of New Zealand’s budding young entrepreneurs will converge In Auckland to compete in the FedEx Express/Junior Achievement International Trade Challenge (FedEx/JA ITC). The students, aged between 16-19 years, are coming from as far South as Orepuki to Kaitaia in Northland, to try and win one of six places to represent New Zealand in the FedEx/JA ITC Asia-Pacific final regional final held in Bangkok, Thailand in August.

This is the third consecutive year, FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, will help educate and inspire New Zealand’s outstanding high school students in this year’s FedEx Express /Junior Achievement International Trade Challenge (FedEx/JA ITC).

The regional heat will be opened by Auckland Coucillor, Michale Goudie, at Massey University’s Albany Campus on Saturday June 18, with New Zealand’s 2010 Entrepreneur of The Year, Tim Alpe of JUCY, being a guest speaker who will inspire and share his valuable insight from his business experiences to the Students.. The two-day competition will be comprised of 74 students competing for six places to represent New Zealand in Bangkok, Thailand this August. Before heading to Bangkok, the six finalists will participate in a two-day training workshop in early August at the FedEx facility in Auckland to prepare them for the Asia-Pacific regional final.

The program aims to foster business knowledge through practical teamwork exercises, allowing students to gain first-hand experience in world trade, enhance their knowledge of product distribution, promotion and sales and develop traits in competition, teamwork, risk-taking and self-confidence.

Kim Garner, managing director, FedEx Australasia says the FedEx/JA ITC is a meaningful and practical educational platform to help New Zealand students achieve their fullest potential by exposing them to the benefits of entrepreneurship, business and international trade.

“We are thrilled to be moving into our third year sponsoring this meaningful program. We have seen creative, fresh and exciting ideas presented by students in previous years and we are looking forward to more innovative and well-thought out international market entries from the students this year,” said Mr. Garner.

The International Trade Challenge is in its fifth year in Asia Pacific and this is the third year FedEx is sponsoring the program in New Zealand. FedEx sponsorship has provided 4,344 students in nine Asia Pacific countries, including 152 students from 120 schools in New Zealand, with invaluable insight into global trade.

Key Dates FedEx/JA International Trade Challenge:

Stage 1: June 18 -20 74 New Zealand students compete in regional heat in Auckland

Stage 2: August 6 – 7 6 finalists participate in a training workshop at FedEx Express New Zealand Head Office in Auckland

Stage 3: August 24 -27 Team of six represent New Zealand in Bangkok at the Asia Pacific finals

About FedEx Express

FedEx Express is one of the world's largest express transportation companies, providing fast and reliable delivery to every U.S. address and to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee*.

*Subject to relevant terms and conditions.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $38 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 290,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.

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