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FedEx Corporation Donates $1 Million to Martin Luther King, Jr. National Memorial

Posted on: Tuesday, 5 September 2006, 12:00 CDT

FedEx Corporation today announced a $1 million contribution to help build a memorial to Martin Luther King, Jr. on the National Mall. Gina Adams, Corporate Vice President of Government Affairs for FedEx Corporation, will join Harry E. Johnson, President and CEO of the Washington, DC Martin Luther King, Jr. National Memorial Project Foundation, Inc. and Congressman Harold Ford, Jr. to announce the gift at an event in Washington, DC tonight.

"FedEx Corporation is proud to support the building of a national memorial to Martin Luther King, Jr.," said Adams of FedEx. "I want to encourage all of my colleagues in the corporate community to join FedEx in support of an historic project to honor the ideals of peace, hope, and democracy for which Dr. King stood."

"Dr. King's Memorial on the National Mall is significant in so many ways. He will be the first man of color to be memorialized among past presidents and war heroes," said Congressman Harold Ford, Jr. "It is an honor to be part of this important effort that not only celebrates Dr. King's ideals and his unending pursuit of peace and equality, but also makes the National Mall more reflective of today's America."

FedEx Corporation joins a number of other corporate donors including General Motors, Tommy Hilfiger Corporate Foundation, GE, PepsiCo and Exxon Mobil. To date, the Memorial Foundation has raised $64 million of the $100 million needed to build and maintain the memorial.

"FedEx has shown once again that if you absolutely, positively, need to get something done, you can count on FedEx. FedEx is an outstanding corporate citizen and this donation is a testament to that. The Foundation thanks FedEx for its generosity and welcomes the company to a growing list of supporters," said Johnson of the Memorial Foundation.

About Washington, DC Martin Luther King, Jr. National Memorial Project Foundation, Inc.

A memorial honoring Dr. Martin Luther King, Jr. will be built on the National Mall in Washington, DC. The Memorial will be situated adjacent to the F.D.R. Memorial and in a direct line between the Lincoln and Jefferson Memorials. Congress passed Joint Resolutions in 1996 authorizing Alpha Phi Alpha Fraternity, Inc. to establish a memorial honoring Dr. King to be built in Washington, DC. Groundbreaking is scheduled for November 13 and the Memorial is scheduled to be completed in 2008. For more information, visit www.buildthedream.org.

For more information about the Washington, DC Martin Luther King, Jr. National Memorial Project, please visit www.buildthedream.org or call Rica Orszag at 202-253-8974.

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 $32 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 260,000 employees and contractors 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 www.fedex.com.

Source: Business Wire

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