News Release

Purolator employees ratify collective agreement

MISSISSAUGA, ON, May 29, 2008 - Effective May 28, 2008, employees at Purolator Courier Ltd. ratified the collective agreement reached between the company and the Canada Council of Teamsters at the end of April 2008.

The four-year agreement covers Purolator’s couriers, package handlers, transport truck drivers and owner/operators across Canada. It is in place until December 31, 2011.

“We are very pleased our employees have voted to accept the contract offer presented,” said Robert C. Johnson, President and C.E.O. of Purolator. “With a new contract in place, our customers can look forward to continuing to receive the flexible solutions and responsive service they expect from Purolator.”

“I personally, along with the Canada Council of Teamsters, am happy that Purolator’s employees have spoken and chosen to ratify a new collective agreement,” said Robert Bouvier, President Teamsters Canada. “We are looking forward to working with Purolator toward continued success in the future.”

“The negotiating teams worked hard to reach an agreement that addresses the needs of our employees while providing the basis for continued innovation and growth for Purolator,” said Stephen Gould, Senior Vice President of Human Resources for Purolator. “We are focused on helping our customers succeed and this new collective agreement is one of the ways we can make that happen.”

About Purolator

As Canada's leading overnight courier company 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.