Infos Transport (Patrice Salini)

Communiqué d'UPS : Acquisition de Menlo Worlwide Forwarding ______________________________________________________________ ATLANTA, Oct. 5, 2004 – UPS (NYSE: UPS) and CNF Inc. (NYSE: CNF) today announced UPS has agreed to acquire Menlo Worldwide Forwarding, Inc., a subsidiary of CNF, for US$150 million in cash and the assumption of approximately US$110 million in long-term debt. Menlo Worldwide Forwarding is a global freight forwarder that provides a full suite of heavy air freight forwarding services, ocean services and international trade management, including customs brokerage. It had US$1.9 billion in gross revenues in 2003. The acquisition reinforces UPS’s strategy of providing broad supply chain solutions to enable global commerce. As a result of the acquisition, UPS will expand its global capabilities and add guaranteed heavy air freight services around the world, enabling customers to reach the global marketplace faster. This also means UPS will introduce new time