Bekins Signs True Van Lines as a New Agent

CHICAGO, March 17 -- Bekins Holding Corporation (BHC) today announced the signing of Dallas, Texas-based True Van Lines (TVL) as an agent for Bekins. Initially, 23 domestic offices of True Van Lines will operate as interstate booking and servicing entities for Bekins.

"The Bekins/True Van Lines agreement breaks new ground in the private relocations market segment," commented Larry Marzullo, CEO of Bekins Holding Corporation. "We are very excited about the possibilities of the partnership and look forward to a long and mutually rewarding relationship."

Robert Peterson, CEO of True Van Lines added, "We plan to become an integral part of the Bekins agent-owned model. Our intent is to set the standard within the Bekins network for quality and customer satisfaction."

About The Bekins Holding Corporation

Since the agent acquisition of Bekins in 2001, the company's core business of Household Goods, Tradeshow and High Value Product Transportation have grown significantly. Bekins has maintained a leadership position in the household goods moving business for individuals, corporations and the U.S. government since 1891. Bekins Van Lines (BVL) provides its services through a vast network of over 275 independently-owned agents. BVL is an ISO9001:2000 registered company. For more information, visit the company's Web sites, http://www.bekins.com/ or http://www.bekinsmoving.com/ .