HONGKONG, CHINA - MediaOutReach - 4 July 2018 - Kerry Logistics Network Limited ('Kerry Logistics';Stock Code 0636.HK) today announced the signing of a memorandum ofunderstanding between its member company Globalink and Georgia's Anaklia CityJSC ('Anaklia City') to cooperate in the development of the Anaklia Deep SeaPort ('Anaklia Port') and Special Economic Zone ('Anaklia SEZ') in Anaklia,Georgia. Leveraging its long presence in Georgia and the Caucasianregion, Globalink is expected to bring in a wealth of logistics and multimodal freight knowledgeand expertise to the project.

Scheduled for opening by the end of 2020, theAnaklia Port and Anaklia SEZ, comprising modern logistics and industrial parks,will be fully integrated with rail and road connections to the infrastructurenetworks of Georgia and neighbouring countries. The Anaklia Port is expected tobecome one of the largest ports in the Black Sea region and first deep waterport in Georgia with a handling capacity of up to 10,000 TEUs vessels, cateringfor a mix of cargoes including containers, dry bulk, liquid bulk and othertypes of cargoes.

Edwardo Erni, Managing Director - China and NorthAsia of Kerry Logistics, said, "We are honoured to be given the opportunity toparticipate in this exciting project. Anaklia is a key cargo gateway in theCaucasian region. With Globalink's proven track record in the Georgian market,and our comprehensive multimodal freight network across Eurasia, we arecommitted to devising innovative solutions to facilitate the building ofAnaklia Port into a successful logistics hub for the region with integratedlogistics, sea-rail, and sea-road services."

Anaklia is strategically located along the shortesttrade route between China and Europe in the Belt and Road network, acting as a cargogateway of the landlocked Central Asian and Caucasian regions.

Ketevan Bochorishvili, CEO of Anaklia City JSC,said, "We are excited about the cooperation with Globalink which has a deepunderstanding and comprehensive experience in the Caucasian region and CentralAsia. With the Anaklia Port and Anaklia SEZ, we are establishing astate-of-the-art logistics, trade and business platform, which will serve apivotal role in increasing the connectivity of Georgia as it is positionedalong the shortest route from China to Europe via the Middle Corridor and fromIndia to Europe. The successful development of Anaklia projects is expected tounlock a potential market of over 150 million consumers and serve as a bridgebetween Asia and Europe."

On 28 June 2018, Hong Kong signed a free trade agreement ('FTA') with Georgia, which isthe first FTA between Hong Kong and an economy in the Caucasian region ofEurasia. The FTA is comprehensive in scope, encompassing trade in goods andservices, investments, a dispute settlement mechanism, and other related areas.

About Kerry Logistics Network Limited (Stock Code0636.HK)

Kerry Logistics is an Asia-based, global 3PLwith the strongest network in Asia. Its core competency is providing highlycustomised solutions to multinational corporations and international brands toenhance their supply chain efficiency, reduce overall costs and improveresponse time to market. It currently has more than 1,000 service points in 55 countries and territories, andis managing 52 million sq ft of land and logistics facilities worldwide,providing customers with high reliability and flexibility to support theirexpansion and long-term growth. Kerry Logistics Network Limited is listed onthe Main Board of the Hong Kong Stock Exchange and is a selected Member of theHang Seng Corporate Sustainability Index Series 2017-2018.

About Anaklia City JSC

Anaklia City JSC was established by theshareholders of Anaklia Development Consortium LLC (ADC)  in mid-2017 to develop the project of largescale Special Economic Zone adjacent to and fully integrated with the AnakliaDeep Sea Port. Within the initial phases, will be developed up to 400 haterritory as logistics and light manufacturing parks with auxiliary commercialand business facilities, while in long term the project will cover the area ofup to 2,000 ha of mixed used developments. The project has an ambition toemerge as frontier transport and business hub on a crossroad of Europe andAsia. ADC is a consortium of multi-national enterprises that was granted52-years right to develop, finance, construct, operate, market and manage the GreenfieldAnaklia Deep Water Black Sea Port in Georgia on a design, finance, build,operate and transfer basis. For moreinformation, please visit: www.anakliadevelopment.com.