Providing greater access to small businesses and mobile professionals

SHANGHAI, JAN.18,2008-FedEx Kinkos an operating company of FedEx Corp. (NYSE: FDX), today announced the opening of its newest office and print center in Shanghai¡¯s Pudong New District. The company has opened seven new retail locations in the Asia Pacific since June 2007.

Given the large presence of small- and medium-sized enterprises or SMEs in the area, FedEx Kinko¡¯s will fill a needed demand in this central business district.

¡°We are excited to introduce this new location, which is part of our overall strategy to provide small businesses and mobile professionals with even greater access to our office and print services, as well as the FedEx transportation network, no matter the country or time zone,¡± said Jim Brigance, vice president, Operations, Asia Pacific, FedEx Kinko's.

FedEx Kinko¡¯s Office and Print Centers provide a one-stop shop for document solutions and business services, including copying and digital printing, professional finishing, document creation, as well as Internet access, computer rentals, signs and graphics, Web-based printing, and the full range of FedEx Express time-definite global express shipping services. Operating hours at the new location are 24 hours a day, 7 days a week.

About FedEx Kinko's Office and Print Center

FedEx Kinko's Office and Print Services is the world's leading provider of document solutions and business services.  The Dallas-based company has a global network of more than 1,800 digitally-connected locations in 11 countries.  FedEx Kinko¡¯s offers access to copying and digital printing, professional finishing, document creation, Internet access, computer rentals, videoconferencing, signs and graphics, direct mail, office products, Web-based printing, and the full range of FedEx day-definite ground shipping and time-definite global express shipping services.  For more information, please visit www.fedexkinkos.com.  Products, services and hours vary by location.

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 $36 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 employees and contractors 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 http://news.fedex.com.