News Release

Purolator Courier Ltd. and the Teamsters union reach new tentative agreement

MISSISSAUGA, ON, April 30, 2008 – Purolator Courier Ltd. and Teamsters Canada have reached a new tentative agreement for a contract renewal for Purolator’s couriers, package handlers, transport truck drivers and owner/operators across Canada.

The agreement will be presented to the membership for a ratification vote, which is expected to take several weeks.

“It’s business as usual at Purolator,” said Stephen Gould, Senior Vice President, Human Resources for Purolator. “We’re pleased that we were able to work with the Teamsters to resolve the outstanding issues so quickly. With a new tentative agreement our customers can continue shipping with us with confidence.”

“The Canada Council of Teamsters is pleased to have reached a tentative agreement with Purolator,” said Bob Bouvier, President of Teamsters Canada. “The agreement is being unanimously recommended by the bargaining committee. As a result of the tentative agreement there will be no labour disruption.”

The tentative agreement was reached with the assistance of senior officials from Federal Mediation and Conciliation Services.

Business continues to operate as usual at Purolator.

About Purolator
As the leading provider of integrated distribution solutions to, from and within Canada, and one of Canada’s 10 Most Admired Corporate Cultures TM (2007), Purolator Courier Ltd. of Mississauga, Ontario is committed to its customers. From automated solutions to 24 hour pick up and delivery, Purolator provides customers with the services and customized solutions required to get their shipments across town or around the world. Purolator operates Canada's largest dedicated air express fleet. Purolator has an extensive service network, with over 12,500 employees, including more than 3,500 couriers, over 140 operations locations, over 150 Shipping Centres, over 550 Authorized Shipping Agents and more than 350 drop boxes. Purolator has also implemented a company-wide Quality Leadership Process that provides the necessary framework for continuous improvement and operational excellence. As part of its commitment to helping alleviate hunger, Purolator also works closely with the Canadian Association of Food Banks. Since 2003, Purolator has helped collect more than 1.5 million pounds of food for local food banks across Canada. For more company information please visit www.purolator.com.