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January 2006 - Panalpina

January 2006 Company Presentation2 DisclaimerInvesting in the shares of Panalpina World Transport Holding Ltd involves investors are strongly requested to consult their investment advisors and tax advisors prior to investing in shares of Panalpina World Transport Holding Ltd. This document contains forward-looking statements which involve risks and uncertainties. These statements may be identified by such words as may , plans , expects , believes and similar expressions, or by their context. These statements are made on the basis of current knowledge and assumptions. Various factors could cause actual future results, performance or events to differ materially from those described in these statements.

4 Investment Highlights Market Leadership in Global Air and Ocean Freight Forwarding Asset-light, Pure-play Air and Ocean Freight Forwarder Strong Growth

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