KODAK SELECTS RYDER FOR LOGISTICS SERVICES

MIAMI, May 5, 2008 – Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced that it has been awarded a multi-year contract to manage distribution centers for Eastman Kodak Company (NYSE: EK), the world’s foremost imaging innovator.

Under the contract, Ryder will assume five of Kodak’s U.S. distribution centers to manage the inbound and outbound flow of the company’s line of photo processing chemicals and single use cameras, digital imaging equipment, photographic film, commercial printing consumables, printing plates, and paper. Services provided by Ryder include inventory management, warehousing, environmental management, assembly and kitting, and a customized warehouse management system (WMS).

“This effort is part of a larger initiative to optimize supply chain processes,” said Linda Valimahomed, Kodak’s manager of Americas Logistics. “We have selected Ryder as our partner based on its expertise and consistency implementing logistics operations of the highest standards.”

“Ryder is honored to work with Kodak and looks forward to extending their industry leadership by enhancing the company’s demand-driven supply chain mode,” said Tom Jones, Senior Vice President and General Manager of U.S. Supply Chain Solutions for Ryder.

About Kodak
As the world's foremost imaging innovator, Kodak helps consumers, businesses, and creative professionals unleash the power of pictures and printing to enrich their lives. To learn more, visit http://www.kodak.com, and our blogs: 1000words.kodak.com, and pluggedin.kodak.com.

About Ryder
Ryder provides leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder’s stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. Ryder ranks 371st on the FORTUNE 500® and 1,631st on the Forbes Global 2000. For more information on Ryder System, Inc., visit www.ryder.com.