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News from Panalpina

Disclosure of shareholdings
12/10/2007

In compliance with the Federal Act on Stock Exchanges and Securities Trading (Bundesgesetz über die Börsen und den Effektenhandel) Panalpina World Transport (Holding) Ltd. announces that on 4 December 2007 due to acquisition the shareholdings of the investment funds Lone Cypress Ltd., Lone Spruce L.P., Lone Balsam L.P., Lone Sequoia L.P., Lone Kauri Ltd., Lone Cascade L.P., Lone Monterey Master Fund Ltd. and Lone Sierra L.P. were increased to a total of 1 276 076 nominal shares, equivalent to 5.1% of the share capital of Panalpina World Transport (Holding) Ltd. The transfer of the nominal shares took place on 7 December 2007. The aforementioned investment funds are represented by Lone Pine Capital LLC, as investment manager, 2 Greenwich Plaza, Greenwich, CT 06830, USA, Mr. Jeffrey Wechselblatt (contact person).

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 selected partner companies. Panalpina employs more than 14,000 people worldwide.