FedEx Ground Reports Federal Court Decisions

FedEx Ground, a subsidiary of FedEx Corp., (NYSE: FDX) reports that the United States District Court in Indiana in the pending multi-district litigation has issued a decision granting class certification in the Kansas action for both the Kansas state claims and a national claim under the ERISA statute.

FedEx Ground plans to seek prompt review of this decision by the Seventh Circuit Court of Appeals.

In a separate order, the Court denied the plaintiffs request for a temporary restraining order and preliminary injunction in the California action, also pending as a part of the same multi-district proceeding.

This court decision will not affect FedEx Grounds ability to serve its customers in the world-class manner they have come to expect.

Corporate Overview

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 280,000 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.

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