SHANGHAI, May 16, 2008 -UPS (NYSE:UPS) is contributing more
than RMB7 million (US$1 million) in cash and in-kind support to the earthquake
relief efforts in China through its charitable arm, The UPS Foundation.
UPS is making a cash donation of 3.5 million RMB (US$500,000) to the American
Red Cross in support of Red Cross earthquake response efforts on the ground, led
by the Red Cross Society of China. UPS has pledged an additional 3.5 million RMB
(US$500,000) for in-kind support to aid the delivery of relief supplies.
An additional 350,000 RMB (US$50,000) has been pledged locally to the China
Charity Federation for medicine, biscuits, clothing, quilts, drinking water,
tents, umbrella, torches, candles and masks among other items. The China Charity
Federation is a China-based non-governmental humanitarian agency that provides
assistance to low-income families and offers social relief work to those in
need.
"The devastation in Chengdu is heartbreaking," said Lisa Hamilton, president,
The UPS Foundation. "Through the efforts of the Red Cross and the China
Charity Foundation, UPS intends to be a part of the effort to alleviate some of
the suffering there."
Richard Loi, Senior Vice President for UPS China and Asia Pacific Region
said, "We feel extremely sad for the people who lost their families and homes in
the disaster, yet we are touched by the rescue members' determination and
courage. UPS is committed to China and the Chinese community and we will support
efforts to rebuild the losses."
He added "The safety of our employees and customers' packages is our top
priority. We are fortunate that our workforce and their immediate families are
safe. Our team of 5,000 employees in China is dedicated to providing operations
as usual for our customers. We have also opened a voluntary donation drive
amongst our employees to allow them the opportunity to pitch in."
UPS international employees also are being encouraged to make donations to
this effort through the Red Cross at www.redcross.org or through Aidmatrix at www.aidmatrix.org/china. UPS also is a
major sponsor of AidMatrix, an online system that connects donors and aid
agencies for the more efficient delivery of goods destined for emergency relief
sites.
About the American Red Cross
The American Red Cross, a
humanitarian organization led by volunteers and guided by its Congressional
Charter and the seven fundamental principles of the International Red Cross
Movement, will provide relief to victims of disaster and help people prevent,
prepare for, and respond to emergencies. The Fundamental Principles of the Red
Cross Movement are Humanity, Impartiality, Neutrality, Independence, Voluntary
Service, Unity and Universality. For more information, please visit www.redcross.org.
About UPS
UPS (NYSE: UPS) is the world's largest package
delivery company and a global leader in supply chain and freight services. With
more than a century of experience in transportation and logistics, UPS is a
leading global trade expert equipped with a broad portfolio of solutions.
Headquartered in Atlanta, Ga., UPS serves more than 200 countries and
territories worldwide. The company can be found on the Web at www.ups.com.
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