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| Disclosure of shareholdings | 03/25/2008
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| | 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 due to a sale transaction on March 13, 2008 the shareholdings of the investment funds Viking Global Equities LP, Viking Global Equities II LP and Viking Global Equities III Portfolio Ltd. (55 Railroad Avenue, Greenwich, CT 06830 USA) according to their notification of March 19, 2008 were decreased to a total of 965,000 nominal shares, equivalent to 3.90% of the share capital of Panalpina World Transport (Holding) Ltd. The aforementioned investment funds are represented by Viking Global Investors LP and Viking Global Performance LLC. The responsible contact person for this notification is Mr. Carl Casler, Pleasantville, NY, USA. |
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| 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 more than
15 000 people worldwide.
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