Annual General Meeting – Kuehne + Nagel International AG

Shareholders approve all proposals of the Board of Directors

Schindellegi / CH, May 13, 2009 - At today’s Annual General Meeting of Kuehne + Nagel International AG 75.14 per cent of voting shares were represented. All proposals were approved by clear majorities.

In his address, Klaus-Michael Kuehne, Chairman of the Board of Directors of Kuehne + Nagel International AG, expressed his satisfaction with the business results for 2008, based on which the dividend was raised for the ninth consecutive year. Referring to the impact of the financial crisis on world trade, globalisation and the logistics industry, Kuehne underlined the company’s capability to quickly adapt to a changed economic environment as well as the effectiveness of Kuehne + Nagel’s early-introduced strategy of rigorous cost control with a commitment to market share expansion.

The shareholders approved the annual report, the financial statements and the consolidated financial statements for 2008 and followed the Board of Director’s recommendation to increase the dividend to CHF 2.30 (previous year: CHF 1.90). The dividend will be distributed as of May 18, 2009.

The Annual General Meeting granted discharge to the Board of Directors and the Management Board for the 2008 business year.

Hans-Joerg Hager, a German citizen, was elected to the Board of Directors for a one-year term. From 1996 to 2008 Hager has been a member of the management boards of Schenker Deutschland AG as well as of the worldwide Schenker AG and is a reputed expert in the logistics and transport industry.

Dr. Joachim Hausser, Klaus-Michael Kuehne, Dr. Georg Obermeier and Dr. Thomas Staehelin were re-elected to the Board of Directors for one-year terms.

Dr. Willy Kissling, who has been a member since 2003 and whose mandate expired with today’s Annual General Meeting, retired from the Board. Klaus-Michael Kuehne thanked Dr. Kissling for his valuable support and cooperation.

KPMG AG, Zurich, was confirmed as the statutory and Group auditor for the business year 2009.

Finally, the shareholders approved a number of amendments to the Articles of Association, among which a shortening of the election term for members of the Board of Directors from three to one year.

The next Annual General Meeting will be held on May 18, 2010.

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