FedEx to Donate Boeing 727-200F Aircraft to Spartan College of Aeronautics and Technology

TULSA, OK - August 21, 2012 - A Boeing 727-200F aircraft from FedEx Express, a
subsidiary of FedEx Corp. (NYSE: FDX) will be donated today at the Tulsa International
Airport. College and Community leaders gathered to celebrate this generous donation to
Spartan College of Aeronautics and Technology. A tour of the aircraft followed its arrival.

“As we retire this 727 from our fleet, we are proud to give back to the aviation
community,” said David Sutton, managing director of Aircraft Acquisition and Sales for
FedEx. “The donation of this aircraft by FedEx is just one example of the many ways we
support educational endeavors, reflecting the community spirit shared by all FedEx
employees in the communities where we live and work.”

He noted the “hands-on training value” the large freighter will provide to Spartan
College’s Aviation Maintenance and Avionics Program.

Since 2000, FedEx has donated 54 of its Boeing 727 aircraft to various organizations for
educational purposes. Before its final flight, aircraft 727-200 REGISTRATION NUMBER
N464FE provided FedEx with 19 years’ service transporting packages to destinations
throughout the United States.

As with other FedEx community service programs, there are numerous success stories
resulting from our relationship.

Mr. Gibson, Spartan President, stated, “The donation of this airframe by FedEx for
training use at Spartan is not only the largest single donation provide to Spartan but the
most significant. The donation provides Spartan students with industry-current large
transport training education and experience needed to help propel them in their career.
The donation allows Spartan to continue over 84 years leading the industry in aviation
training excellence for many years ahead.”

About FedEx Express

FedEx Express is the world's largest express transportation company, providing fast and
reliable delivery to more than 220 countries and territories. FedEx Express uses a global
air-and-ground network to speed delivery of time-sensitive shipments, by a definite time
and date with a money-back guarantee.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad
portfolio of transportation, e-commerce and business services. With annual revenues of
$43 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 300,000 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.

Spartan College of Aeronautics and Technology

Founded in 1928, Spartan College of Aeronautics and Technology, with over 90,000
graduates, is one of the world’s largest and well known aviation colleges. Spartan
training facilities span over 247,000 square feet located on three campuses and two
local airports; Tulsa International Airport and Richard Lloyd Jones Jr. Airport. Spartan
provides hands-on professional technology training for aviation maintenance, avionics
maintenance, nondestructive testing and quality control, offering diploma, associate
degree and bachelor degree options. Spartan is also an industry leader providing
professional FAA 141 and 61 flight training. For more information, visit www.spartan.edu.

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