Roadway Corporation Declares Dividend

    AKRON, Ohio--Jan. 24, 2003--The Board of Directors of Roadway Corporation , today declared a cash dividend of $0.05 per share on the Company's common stock. The dividend is payable on March 3, 2003 to shareholders of record on February 14, 2003.

    Included in the Dow Jones Transportation Average, Roadway Corporation , is a holding company dedicated to identifying opportunities to expand the transportation-related service offerings available to customers through the Roadway portfolio of strategically linked companies. Roadway Corporation's principal operating subsidiaries include: Roadway Express, a leading ISO 9002-certified transporter of industrial, commercial and retail goods in the two- to five-day regional and long-haul markets. Roadway Express provides seamless service between all 50 states, Canada, Mexico and Puerto Rico including export/import services for more than 100 countries worldwide. New Penn Motor Express, a regional, next-day ground less-than-truckload carrier of general commodities serving twelve states in the Northeastern United States, Quebec, Canada and Puerto Rico, with links to the Midwest and Southeast United States and Ontario, Canada. For additional information, contact the Company at www.roadwaycorp.com.