FedEx Brings Penguins, Sea Otters Home to the Audubon Aquarium of the Americas in New Orleans; Special Delivery from Oakland to New Orleans Marks the Latest Step in Gulf Coast Recovery Assistance from FedEx

NEW ORLEANS--()--May 22, 2006--After an eight-month refuge in California following Hurricane Katrina, today FedEx (NYSE:FDX) brought 21 very special New Orleans residents back home.

A specially-chartered FedEx Express plane returned 19 penguins and two sea otters to the Audubon Aquarium of the Americas. FedEx Express donated the plane for the transport and also made a $100,000 donation to the Audubon Aquarium of the Americas for the penguin exhibit.

"Since Hurricane Katrina hit the Gulf Coast more than eight months ago, FedEx has been on the ground and actively engaged in local organizations and businesses throughout the region to help rebuild and restore the community," says Dave Bronczek, president and chief executive officer, FedEx Express. "Today's special delivery is an illustration of the way FedEx can help make a positive difference in the communities we serve."

The rescued animals flew back to New Orleans on an Airbus A310 airplane, specially routed for the delivery from the FedEx Oakland hub to Louis Armstrong New Orleans International Airport. Accompanied by a staff of veterinary professionals, each animal received a warm welcome upon arrival. The animals had been housed at the Monterey Bay Aquarium in Monterey, Calif.

"The Audubon Aquarium of the Americas worked tirelessly to rescue our prized animals following the devastation of Hurricane Katrina," says Ron Forman, chief executive officer, Audubon Nature Institute. "Thanks to the help of FedEx, we are now able to bring our survivors home."

The Audubon Aquarium of the Americas will reopen its doors to the public on May 26, 2006, following months of facility reconstruction and collaborative efforts designed to rebuild the aquarium's collection of marine life.

Likewise, FedEx Express continues to move forward with its dedication to assist with the economic and cultural recovery of the Gulf Coast region, donating both its expertise and the use of its global express transportation network for the benefit of the communities.

FedEx actively participated in recovery efforts immediately following Hurricane Katrina and the catastrophic 2005 hurricane season. To date, FedEx has donated transportation for more than 1,000 tons of relief aid to those affected throughout the Gulf Coast region.

About FedEx

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $32 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 260,000 employees and contractors to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit www.fedex.com.

About Audubon Aquarium of the Americas

Audubon Nature Institute is a New Orleans-based not-for-profit which operates a family of nine nature-themed parks and attractions dedicated to celebrating the wonders of nature. These New Orleans facilities include: Audubon Park, Audubon Zoo, Woldenberg Riverfront Park, Audubon Aquarium of the Americas, Freeport-McMoRan Audubon Species Survival Center, Entergy IMAX(R) Theatre, Audubon Louisiana Nature Center, Audubon Center for Research of Endangered Species, Audubon Nature Institute Foundation and Audubon Wilderness Park. Construction is underway for the opening of Audubon Nature Institute's 10th facility, Audubon Insectarium, which is scheduled to open in 2007.


"Flight of the Penguins" B-Roll Coordinates

FEED DATE:       MONDAY, MAY 22, 2006
FEED TIME:       7:30 - 8:00 PM ET (DEDICATED)
COORDINATES:     AMC 3/ TRANSPONDER 3/ AUDIO 6.2 & 6.8
DL:              3760 (H)
RE-FEED DATE:    TUESDAY, MAY 23, 2006
RE-FEED DATE:    WEDNESDAY, MAY 24, 2006
RE-FEED TIME:    10:00 - 10:30 AM ET
RE-FEED TIME:    1:00 - 1:30 PM ET
COORDINATES:     C BAND: IA (formerly Telstar) 5(C) /TRANSPONDER 19 /
                  AUDIO 6.2 & 6.8
DL:              4080 (V)

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Contacts

FedEx
Ryan Furby, 901-233-8091
ryan.furby@fedex.com
or
Audubon Nature Institute
Melissa Lee, 504-329-2459
mlee@auduboninstitute.org

Contacts

FedEx
Ryan Furby, 901-233-8091
ryan.furby@fedex.com
or
Audubon Nature Institute
Melissa Lee, 504-329-2459
mlee@auduboninstitute.org