News Release

Purolator Courier Ltd. and the Teamsters union reach tentative agreement

MISSISSAUGA, ON, March 27, 2008 – Purolator Courier Ltd. and Teamsters Canada have reached a tentative agreement for a contract renewal for Purolator’s couriers, package handlers, transport truck drivers and owner/operators across Canada.

The union’s economic committee has recommended the offer to its membership. Ratification votes will take place across the country over the next several weeks.

“We are very pleased that a tentative agreement has been reached and that the union’s economic committee has recommended the offer to its membership,” said Stephen Gould, Senior Vice President, Human Resources for Purolator. “With a tentative agreement in place, Purolator’s future looks very strong and our customers can continue to ship with confidence knowing they will receive the same flexible, responsive service they have come to expect from Canada’s leading courier company.”

"Canada Council of Teamsters is happy that we were able to conclude a tentative collective agreement with Purolator. Our economic committee is recommending the agreement to our membership. We are committed to working with Purolator for a successful future," said Robert Bouvier, President Teamster Canada.

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.