Kerry Logistics Consolidates Global Project Logistics Services under New Kerry Project Logistics Brand

HONG KONG, CHINA - Media OutReach - 2 October 2018 - Kerry Logistics Network Limited ('Kerry Logistics'; Stock Code 0636.HK) today announced the consolidation of its global project logistics services under the Kerry Project Logistics brand to meet the growing demand for total logistics solutions for large-scale, complex projects worldwide. With the joining of Saga Italia S.p.A. ('Saga Italia') in June, Kerry Logistics is well-placed to explore the immense business opportunities driven by increased government infrastructure investment and logistics project spending, particularly in the Belt and Road countries.

Under the new brand Kerry Project Logistics, a dedicated project team of more than 220 specialists operates cohesively across the globe to orchestrate complex projects from start to finish. Its focus markets extend from Greater China, North, Southeast and Central Asia, to the Middle East, Pakistan, Africa, Europe, and the Americas.

Apart from the oil and gas industry where Saga Italia is specialised in, Kerry Logistics is also targeting the construction, infrastructure and industrial, renewables, mining, and petrochemicals sectors.

Thomas Blank, Managing Director of Europe, Kerry Logistics, said, "As China's Belt and Road initiative reaches its five-year mark, we are positive about the growth potential in the global project logistics market as infrastructure projects begin to progress beyond the planning stage."

"Combining Saga Italia's expertise and our proven track record, we felt the time was right to consolidate our capabilities worldwide and invest in the growth in this area. We are very excited about the opportunity to make use of Kerry Logistics' global network to provide customers with streamlined project logistics solutions from initial evaluation to final delivery," added Blank.

By launching the new Kerry Project Logistics brand, Kerry Logistics is committed to delivering innovative, cost-effective, and flexible multimodal solutions to better serve existing customers and meet future growth demand.

About Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry Logistics is an Asia-based, global 3PL with the strongest network in Asia. Its core competency is providing highly customised solutions to multinational corporations and international brands to enhance their supply chain efficiency, reduce overall costs and improve response time to market. Kerry Logistics has a network covering 53 countries and territories, and is managing 53 million sq ft of land and logistics facilities worldwide, providing customers with high reliability and flexibility to support their expansion and long-term growth. Kerry Logistics Network Limited is listed on the Main Board of the Hong Kong Stock Exchange and is a selected Member of the Hang Seng Corporate Sustainability Index Series 2017-2018.