FedEx Ground Plans Largest Rooftop Solar Power System in U.S.

Installation Marks Third Major Collaboration Between FedEx and BP Solar
PITTSBURGH--(Business Wire)--
FedEx Ground, the small-package shipping unit of FedEx Corp., today announced
plans to install the nation`s largest rooftop solar-electric system at its
distribution hub in Woodbridge, N.J.

The solar power project is the third between a FedEx operating company and BP
Solar and the fifth solar power project for FedEx. The 2.42 megawatt solar power
system will cover approximately 3.3 acres of rooftop space with approximately
12,400 solar panels.

When completed, the system will be capable of producing approximately 2.6
million kilowatt hours of electricity a year and could provide up to 30 percent
of the hub`s annual energy needs.

"Our commitment to our customers and the communities in which we operate extends
far beyond delivering packages on time and intact," said David F. Rebholz,
president and CEO of FedEx Ground. "While continuing to provide the stellar
service expected from FedEx, we also want to identify and implement ways that we
can reduce energy use and shrink our carbon footprint. This project is a giant
step forward in those efforts."

As part of the agreement, BP will install and operate the solar power system and
FedEx will purchase the power generated.

"FedEx Ground is a valued customer of BP," said Reyad Fezzani, president and CEO
of BP Solar. "We are proud to have been selected for this project and look
forward to providing the company with the highest lifetime value and the lowest
lifetime cost of electricity for its solar-equipped operations."

Installation is scheduled to begin in August and expected to be completed by
November. When the system is fully operating, the combined environmental
benefits based on a projected annual reduction of approximately 1,867 metric
tons of CO2 emissions, are equivalent to one of the following:

* More than 340 passenger cars not driven for one year
* 211,900 gallons of gasoline not burned
* 4,300 barrels of oil not consumed
* 259 households` electricity use for one year
* 47,872 tree seedlings grown for 10 years
* 13 acres of forest preserved from deforestation

Data is derived from the U.S. Environmental Protection Agency`s greenhouse gas
equivalencies calculator.

FedEx and BP also work together strategically to identify, develop and implement
a range of solutions to increase FedEx`s security of energy supply while
improving its environmental performance. This includes fuels supply agreements
for its ground and air operations, for lubricants, and for solar power systems.

"We bring the scope and scale of BP`s refining, marketing and alternative energy
infrastructure to FedEx, creating value for our customer while allowing them to
focus on delivering outstanding service to their customers on a daily basis,"
said Richard Bartlett, vice president of strategic cooperation for BP.

Last year, FedEx Freight installed two solar power systems. One in Whittier,
Calif., is a 282-kilowatt system , while another in Fontana, Calif., is a
269-kilowatt system. In 2005, FedEx Express activated a 904-kilowatt system at
its Oakland, Calif., hub facility, making it the first of its kind in the FedEx
family. That system today meets up to 80 percent of that facility`s peak energy
demand. And, FedEx is currently constructing its Central and Eastern European
gateway at the Cologne/Bonn, Germany, airport, which will include a 1.4-megawatt
solar power system. The hub is slated for completion in 2010.

Opened in 2000, the Woodbridge hub sits on more than 80 acres of former
brownfield once used to stockpile soils dredged from the nearby Raritan River.
Soils and groundwater were contaminated with various polluting substances,
primarily arsenic. To build the facility, FedEx Ground worked with the New
Jersey Department of Environmental Protection on a remedial action for the site.
Today, the hub houses a workforce of more than 1,000 employees and independent
contractors.

About FedEx

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad
portfolio of transportation, e-commerce and business services. With annual
revenues of $35 billion, the company offers integrated business applications
through operating companies competing collectively and managed collaboratively,
under the respected FedEx brand. Consistently ranked among the world's most
admired and trusted employers, FedEx inspires its more than 280,000 team members
to remain "absolutely, positively" focused on safety, the highest ethical and
professional standards and the needs of their customers and communities. For
more information, visit news.fedex.com.

About BP Solar

BP Solar designs, manufactures and markets products which use the sun's energy
to generate electricity for use in the residential, commercial and industrial
sectors. With over 35 years of experience and installations in most countries,
BP Solar is one of the world's leading solar companies.

FedEx Ground
David Westrick, 412-859-5435

Copyright Business Wire 2009