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Press Release

ANA, Nippon Express and Kintetsu World Express Set up New International Express Parcel Delivery Service
- ‘Allex’ to start serving Hong Kong and Shanghai from Summer this year -

TOKYO April 1, 2008 - Tokyo based logistics companies Nippon Express, Kintetsu World Express and airline All Nippon Airways (ANA), today established a new joint venture company to provide business to business international express delivery services in Asia. The new company, called All Express Corporation, will commence trading under the brand name ‘ALLEX’ in the summer of this year.

ANA will take a 36.38% share in All Express Corporation (hereafter ALLEX), with Nippon Express and Kintetsu World Express holding shares of 30.38% each. Forwarding companies MOL Logistics and Yusen Air & Sea Service will also take a share of 1.43% each. ALLEX will be headed by Mr Tsugumichi Yoshitomi of ANA, and based at Tokyo’s Haneda Airport.

Moving forward, ALLEX will apply to the relevant authorities for operating licences in readiness for a planned summer start of its express parcel delivery services from Japan to Hong Kong and Shanghai. In future, the area covered by ALLEX’s services will be gradually extended and it will make use of ANA’s Okinawa-based cargo network – which starts operation in autumn 2009, with Naha airport as its hub, and will cover the Asian region – to provide the highest quality express international delivery services to cities within Asia.

Nippon Express
About All Express Corporation
Name   All Express KK
(English name) All Express Corporation
President & CEO   Mr Tsugumichi Yoshitomi
Address   3-2-6 Haneda Airport, Ota-ku, Tokyo
Date of Establishment   April 1, 2008
Commencement of Operations   Summer 2008 (planned)
Paid in Capital   210,000,000 yen
Shareholders’ ratio   ANA 36.38%
Nippon Express 30.38%
Kintestsu World Express 30.38%
MOL Logistics 1.43%
Yusen Air & Sea Service 1.43%
Main field of operations   International express parcel delivery services
Other related services
Brand name & logo   ALLEX