CEVA LOGISTICS CONDITIONALLY AWARDS DEVELOPMENT PROJECT TO DANCOR

JACKSONVILLE, Fla. – CEVA Logistics Canada, ULC (formerly TNT Logistics) has conditionally awarded Dancor Construction Development to be the developer and landlord for CEVA’s new state-of-the-art warehouse and distribution facility for vehicle parts in London, Ont. The facility will provide delivery services.

The facility will comprise 265,000 square feet on 20 acres in Skyway Industrial Park. Construction will be completed during the fourth quarter of 2007 and first quarter of 2008. When fully operational, the facility will employ approximately 258 people.

“We are grateful of the work done by Dancor, Derek Gould of CB Richard Ellis, Toronto, the London Economic Development Corporation and the City of London in getting this project under way,” said Steve McNeal, director of properties, CEVA Logistics. “This is especially true of Heather Pilot of the LEDC who was instrumental in putting all the players together who will help transform this into a completed project by next year.”
About Dancor

Dancor Construction Development is a construction and development firm that builds industrial/commercial facilities for sale or lease and develops land for residential, commercial and industrial uses. For more information please visit the Dancor web site at www.dancor.ca.
About CEVA Logistics

CEVA Logistics is a leading global logistics and supply chain management company. It designs, implements and operates complex supply chain solutions on a national, regional or global scale for multinational and large local companies. It provides customers with end-to-end logistics solutions spanning the entire supply chain. CEVA employs 38,000 people and operates an extensive global network with facilities in 26 countries worldwide, maintain 567 warehouses globally with a combined space of approximately 7.4 million square meters. CEVA is owned by affiliates of Apollo Management, L.P., one of the leading private equity investors in the world.

For further information, please contact:

Russ Dixon
Corporate Communications
CEVA Logistics
(904) 928-1409
russ.dixon@us.cevalogistics.com
www.cevalogistics.com.