Damco Announcement

New regional Head of Ocean Carrier Management in Damco

Damco, a global leader in freight forwarding and supply chain solutions announces the appointment of Søren Bülow Andersen as Head of Ocean Carrier Management for Europe, Mediterranean and Africa.

A Danish national, Søren has worked in the logistics and shipping business across the world in Australia, Ghana and Denmark. In his new position, effective from January 2011, he will be based in Copenhagen, Denmark and report to the Global Head of Oceanfreight, Diederick de Vroet.

Søren Bülow Andersen has more than 25 years of experience working for Damco and formerly Maersk Logistics and this long track record is highly qualifying for his new position. Søren will be responsible for the procurement and negotiation process as well as strategic carrier relationships.

“I am excited to assume the responsibility for the Europe/Africa region and take on the challenge to roll out the new carrier strategy for 2011,” says Søren.

“In Damco, we are pleased to promote Søren Bülow Andersen as he has extensive knowledge about the logistics industry and Damco’s business processes”, Diederick de Vroet, Global Head of Oceanfreight in Damco says. “I am sure, that Søren will be a great asset in his new role within our global carrier management team going forward.”

About Damco

Damco is one of the world’s leading third party logistics providers specialising in customised freight forwarding and supply chain solutions, offering a broad range of services to customers all over the world. The company has 10,500 employees in over 280 offices across 90 countries and representation in 120 countries in Africa, Asia, Australia, Europe, North America, Middle East, and Latin America.

In 2009, the company had a net turnover of over USD 2 billion, managed more than 2.3 million TEU of ocean freight and supply chain management volumes and air freighted more than 60,000 tons.

Damco is an independent business unit within the A.P. Moller - Maersk Group.

For more information, please visit www.damco.com

UPS Announcement

UPS to Sponsor Louis Oosthuizen, 2010 Open Championship Winner

Atlanta, November 03, 2010

UPS (NYSE:UPS) today announced that professional golfer Louis Oosthuizen, winner of the 2010 Open Championship at St. Andrews, will represent the company as its newest brand ambassador on The European Tour.

Oosthuizen will begin wearing the UPS shield on his shirt when he tees off at the WGC-HSBC Champions tournament in Shanghai on Thursday. Other golfers representing UPS on the Tour include Jeev Milkha Singh, the first Indian golfer to become a member of The European Tour, and Lee Westwood, who earlier this week became the No. 1 rated golfer in the world.

"It's a great honor to have the global leader in shipping and logistics backing me on The European Tour," said Oosthuizen. "UPS sets the standard for its industry and I truly appreciate the opportunity to be associated with one of the most highly regarded brands in the world."

In addition to representing UPS on the world's fairways, Oosthuizen also will participate in various UPS-sponsored marketing and promotional activities, including customer and employee hospitality events at several European Tour tournaments across the globe.

"With a membership that represents 47 nationalities and a tournament schedule that spans the world, The European Tour provides a unique platform to demonstrate UPS's logistics capabilities to a truly global audience," said Ron Rogowski, UPS vice president, sponsorships & events. "And we're delighted to have Louis Oosthuizen join the UPS team of brand ambassadors, who undoubtedly will add a lot of excitement to our golf program."

As the Official Logistics and Express Sponsor of The European Tour, UPS handles the transportation and delivery of nearly everything required for the production of the Tour's 48 tournaments, which take place in 27 countries on five continents.

"Transporting The European Tour requires flawless logistics and UPS delivers." said George O'Grady, Chief Executive of The European Tour. "UPS has to coordinate the movement of massive amounts of equipment over a very large geography, and usually in a very short window of time. From one tournament to another, from one continent to another, UPS works diligently behind the scenes to ensure that every European Tour event is a success."

"What UPS does for The European Tour is reflective of what UPS can do for any business, large or small," added Rogowski. "Our extensive array of logistics solutions can help companies discover new ways to drive growth, save money and enhance customer relationships."

For more information about the many ways UPS is helping companies all over the world leverage the power of logistics, visit http://www.thenewlogistics.com.

About UPS

UPS (NYSE:UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at UPS.com and its corporate blog can be found at blog.ups.com.