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| Disclosure of shareholdings | 06/23/2008
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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. received the following notification on 20 June 2008:
The investment funds Viking Global Equities LP, Viking Global Equities II LP and VGE III Portfolio Ltd., announce that due to an indirect sale on 27 March 2008 through the group companies Viking Global Investors LP (Investment Manager) and Viking Global Performance LLC (Investment Advisor and General Partner), all at 55 Railroad Ave., Greenwich, CT 06830, USA, their shareholdings have fallen below the statutory 3% threshold. The responsible contact person for this notification is Mr. Carl Casler, Pleasantville, NY, USA, telephone: +1 203 863 5000, fax: +1 203 625 8701. |
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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 over 15 000 people worldwide. |
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