John Pattullo Joins CEVA as New CEO

Heads New Management in the 4th Largest Global Supply Chain Company

HOOFDDORP, The Netherlands and HOUSTON, August 6 -- CEVA, a leading global supply chain management company, announces that John Pattullo has joined the company as its new Chief Executive Officer, effective today. Pattullo replaces Dave Kulik as CEO of the recently merged companies, CEVA and EGL, which will now operate under the CEVA company name. Also effective today, Kulik will now serve as Vice Chairman of the Board of Directors of CEVA Group Plc. Prior to joining CEVA, Pattullo led Deutsche Post/DHL's EUR7bn EMEA Contract Logistics business as Chief Operating Officer. In addition, he led the Exel European Forwarding and Contract Logistics business and has worked in various leadership positions supporting Procter & Gamble's global supply chain.

"I am very excited to come on board CEVA at a time when these two great companies have joined forces. We have created one of the world's major players in the global supply chain industry, supported by a talented and experienced leadership team. CEVA has the ability now, more than ever, to offer our customers a world-class service." said Pattullo.

As a result of the merger of CEVA and EGL, the company will operate two divisions, CEVA Contract Logistics and CEVA Freight Management. Both divisions will report to Pattullo, who will lead the newly formed company, as well as the Contract Logistics division. Joe Bento, formerly President and CMO of EGL, will head the Freight Management division headquartered in Houston, Texas.

The Contract Logistics division has been regrouped into four regional areas: Americas, led by Jerry Riordan; North Europe, led by acting Executive Board Members Neil Crossthwaite - UK, Christian Fuerstaller - Central & Eastern Europe, Onno Meij - Benelux; South Europe, led by Gianfranco Sgro; and Asia Pacific, led by Vittorio Favati.

The Freight Management division is also divided into geographic regions: Americas, led by Sam Slater; Europe-Middle East -Africa (EMEA), led by Bruno Sidler; and Asia Pacific led by Favati.

On July 31, EGL shareholders voted to approve a merger agreement between CEVA and EGL. The transaction was completed on August 2, 2007.

About CEVA

CEVA Logistics (formerly known as TNT Logistics) is a leading global logistics and supply chain management company. It designs, implements and operates complex supply chain solutions on a national, regional or global scale for multinational and large local companies. It provides customers with end-to-end logistics solutions spanning the entire supply chain. The company focuses on a diverse range of market sectors including automotive, tyres, high-tech/electronics, industrial, fast moving consumer goods (FMCG), and publishing & media.

CEVA employs 41,000 people and operates an extensive global network with facilities in 25 countries worldwide, maintains 614 warehouses globally with a combined space of approximately 6.4 million square meters. For fiscal year 2006, CEVA reported sales of EUR3.5 billion. CEVA is owned by affiliates of Apollo Management, L.P., one of the leading private equity investors in the world.

Per 2 August 2007 CEVA has merged with EGL. The combined company had pro forma 2006 annual results of EUR6,0 billion (48% in EMEA, 32% in Americas and 20% in AsiaPacific) with EBITDA EUR182.5 million and adjusted EBITDA of EUR392.6 milion. It employs more than 50,000 employees and has operations in more than 100 countries.

For more information please visit the CEVA web site at http://www.cevalogistics.com.

Cautionary Statements

The statements included in this news release, and other statements that are not historical facts, are forward-looking statements. These statements involve risks and uncertainties including, but not limited to, market and other conditions, the process of combining EGL and CEVA, and other factors detailed in risk factors and elsewhere in CEVA's most recent Annual Report and EGL's most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize (or the consequences of such a development worsen), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. EGL and CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.

Note for Editor: For any information about this press release please contact: Mr Paul Kwakkenbos, Marketing & Communications Director, +31-612-059086, +31-20-500-6217, paul.kwakkenbos@cevalogistics.com