PRESS RELEASE AND MEDIA

New Danang facility also adds strategic component in South East Asia logistics and distribution network for Kerry Logistics

Kerry Logistics completed a strategically important piece in its Vietnam network when it opened the first phase of its new logistics centre in Danang in Central Vietnam. The facility will provide some 9,000 sq m of space when completed in the second half of 2010.

The new facility will add to Kerry Logistics’ 62,500 sq m facility in Ho Chi Minh City and a 10,300 sq m facility in Hanoi providing complete coverage in North, Central and South Vietnam. Kerry Logistics was the first foreign company to own and operate logistics facilities in Vietnam.

“We have been operating in Vietnam as a wholly-owned foreign company since 2006 and we have a comprehensive network of distribution centres and integrated logistics facilities in the major commercial centres throughout the country.

“Vietnam has a vibrant economy and there is strong growth in international trade. Consumer demand for imported products is also growing and our investment in a nationwide distribution network will support this growth. From a regional point of view Danang will support our growth across South East Asia” said Robert Tan, Managing Director, South Asia.

Kerry Logistics is also a pioneer in building the first ASEAN cross border trucking service, through Kerry Asia Road Transport (KART), its services connect Thailand, Malaysia, Singapore, Vietnam, Laos and Cambodia, providing a door-to-door service throughout the region. KART connects Vietnam to all South East Asian countries and also several destinations in China.

In China, Kerry Logistics has built a nationwide transport and logistics platform which connects with the KART network through its Kunming transport hub in China’s South West.

KART has more than 200 self-owned container trucks and a state-of-the-art IT system providing an integrated trucking service with full visibility throughout the supply chain.