News Release

New cooperation partner for Spain and Portugal:

Logistics World Alliance introduces Redur as its new cooperation partner

Luxembourg, 3rd March 2010. The European contract logistics cooperation Logistics World Alliance (LWA) presents a new and strong cooperation partner - Spanish logistics service provider Redur, S.A. With backdated effect from 1 February 2010, Redur will be responsible for the cooperation's logistics services in Spain and Portugal.

Redur's network covers the entire Iberian Peninsula, with 50 branches and 1,900 employees. Redur sends out around 1,000 company trucks each day. The new LWA cooperation partner's core areas include procurement and distribution logistics as well as professional contract logistics, including warehousing and value-added-services. Redur carries out this work in its 19 logistics terminals with a total of 200,000 square metres of warehouse space.

"With Redur as our new cooperation partner, we can continue to offer premium-quality logistics services in Spain and Portugal via the LWA network", says Hans-Peter Schneider, Managing Director of the LWA. "Redur ranks among Spain's leading logistics service providers, and with its modern corporate culture and efficient working procedures is an ideal match for the LWA."

"As our customers become increasingly international, the demand for cross-border services is also increasing", explains Alberto Lozano, member of the board, at Redur. "In cooperation with the LWA partners, we can now offer our customers even more contract logistics solutions across Europe. Together with the LWA, we will achieve a great deal more in the future."

Logistics World Alliance - Portrait

The members/cooperation partners of the Logistics World Alliance (LWA), founded in March 2006, are: Aditro Logistics (Scandinavia), Bibby Distribution (Great Britain and Ireland), Geis Group (Germany, Slovakia, Poland, Austria and Switzerland), Log Service Europe (Italy), MGF Logistique (France and Luxembourg), Redur (Spain and Portugal) and P&O Ferrymasters (full loads, etc. in Great Britain, Ireland, Poland, Belgium, Russia, Romania, Germany, the Netherlands, Hungary, Ukraine, France, Spain and Italy). Together they employ around 18,000 employees and generate an annual turnover of more than 2.1 billion euros. The cooperation partners have access to more than 300 sites across Europe and almost two million square metres of storage space. The headquarters of the Logistics World Alliance S.A. is in Luxembourg, and the German office is located in Dietzenbach.