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| Disclosure of shareholdings | 08/28/2008
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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. has received the following notification on 26 August 2008:
Farallon Capital Management LLC together with Farallon Partners LLC, announce to have directly increased their purchase positions as well as indirectly through the group companies Farallon Capital Partners LP, Farallon Capital Institutional Partners LP, Farallon Capital Institutional Partners II LP, Farallon Capital Institutional Partners III LP, Farallon Capital Offshore Investors II LP and Farallon Capital Offshore Investors, Inc., all at One Maritime Plaza, Suite 2100, San Francisco, CA 94111, USA, due to an acquisition on 20 August 2008, to 773 880 share purchase rights (CFD, ratio 1:1, exercise price CHF 72.95, duration: 13 months, cash settlement), conferring 3.0955% of voting rights of underlying shares. The responsible contact person for this notification is Mr Mark C. Wehrly, Farallon Capital Management LLC, telephone: +1 415 421 2132, fax: +1 415 421 1235.
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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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