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CEVA named ‘Best Employer’ in Central and Eastern Europe

06 July 2009 - 12:55 CET

Istanbul, Turkey - 6 July 2009 - CEVA Logistics, a leading global supply chain management company, has been named ‘Best Employer' in the category of ‘large-scale companies' in Central and Eastern Europe by Hewitt Associates for 2008/2009.

The ‘Best Employers Study for Central and Eastern Europe', conducted by one of the world's leading management consultancies, Hewitt Associates, surveyed approximately 160,000 employees and 4,000 executives across 11 Countries.

The survey of best employers provides comprehensive information on employees' loyalty, best human resources applications and views of the company leaders on human resources practices. It is based on three different surveys in each company that cover employee engagement, HR management and the strength of its leadership team.

The accolade recognized CEVA's approach to human resource management, which highlights its strong relationship between the company's objectives and its employees' needs. CEVA Logistics Turkey was also awarded the ‘Best Employer' in Turkey by Hewitt Associates in January 2009.

"We are extremely proud that we have received the ‘Best Employer' award both in Turkey and in Central and Eastern Europe. We firmly believe in making our employees feel valued, listening to their requests and supporting them in their professional growth," said Nihat Çukurkaya, Turkey and Balkans Human Resources and Communications Director, CEVA Logistics. "Our ongoing commitment is to maintain open and clear communication channels with all of our employees and strengthen our solid and long-lasting relationship".

Notes to editors
The study is based on three different surveys in each company which include: 1) Employee Engagement Questionnaire: completed representative sample of employees. The survey measures employee engagement and satisfaction. 2) HR Audit Questionnaire: Each company is asked to provide details of its human resources practices and programs. 3) Leadership Team Survey: The CEO and / or their direct reports also complete an assessment.

For information contact:
Nihat Cukurkaya
+90 216 633 44 44
nihat.cukurkaya@cevalogistics.com

CEVA Making Business Flow
CEVA Logistics is a leading global supply chain management company. We provide end-to-end design, implementation and operational solutions in contract logistics and freight management to large and medium-sized national and multinational companies. CEVA employs circa 50,000 people and runs an extensive global network with facilities in over 100 countries. For the year ending 31 December 2008, the Group reported revenues of €6.3bn. For more information, please visit www.cevalogistics.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT of 1995:
The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, the process of combining EGL and CEVA, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic climate in Asia and the US, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of integrating recently acquired businesses and future business combination or dispositions and other factors detailed in risk factors and elsewhere in CEVAand EGL's most recent Annual Reports, including but not restricted to the EGL Annual Report on Form 10-K. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize (or the consequences of such a development worsen), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. EGL and CEVAdisclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.