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News from Panalpina

Disclosure of shareholdings
09/29/2008

In compliance with the Federal Act on Stock Exchanges and Securities Trading (Bundesgesetz über die Börsen und den Effektenhandel) Panalpina World Transport (Holding) Ltd. received the following notification on 26 September 2008:

The Children’s Investment Master Fund, P.O. Box 309GT, Ugland House, South Church Street, George Town, Grand Cayman, Cayman Islands, and The Children’s Investment Fund Management (UK) LLP, 7 Clifford Street, London, WIS 2WE, UK, which acts as Investment Manager of the aforementioned fund, announce that due to a sale on 22 September 2008 its purchase positions have fallen below the statutory 3% threshold. The responsible contact person for this notification is Mr Angus Milne, The Children’s Investment Fund Management (UK) LLP, telephone: +44 207 025 7614, fax: +44 207 440 2333.
The Panalpina Group
The Panalpina Group is one of the world's leading suppliers of forwarding and logistics services, specializing in intercontinental air freight and ocean freight shipments and associated supply chain management solutions. Thanks to its in-depth industry know-how and state-of-the-art IT systems, Panalpina provides globally integrated door-to-door forwarding solutions tailored to its customers' individual needs. The Panalpina Group operates a close-knit network with some 500 branches in 90 countries. In a further 60 countries, it cooperates closely with partner companies. Panalpina employs over 15 000 people worldwide.