HONG KONG, CHINA - Media OutReach- 10 September 2018 - Kerry Logistics Network Limited ('Kerry Logistics'; Stock Code 0636.HK) has extended its foothold in Pakistan byforming a new subsidiary in the country to tap into the increasing trade in South Asia as well as the new business opportunities along the China-Pakistan Economic Corridor ('CPEC'), a major pilot scheme ofthe Belt and Road initiative.

The new subsidiary provides air and ocean freight, cross-border road freight toAfghanistan and China, project logistics and inlandtrucking services through its offices in Karachi andLahore. It will enhanceKerry Logistics' capabilities to take advantage of the growth in trade betweenthe two countries.

Robert Tan, Managing Director - South andSoutheast Asia of Kerry Logistics said, "We are extremely excited about theeconomic development of Pakistan in the past five years. Kerry Logistics is committed to developing an overland transportation network for road,rail and intermodal freight services in Asia. Riding on the immenseopportunities brought on by the establishment of the CPEC, we will leverage ourextensive international freight forwarding network and expertise in rail androad freight to provide end-to-end and cost-effective multimodal solutions forcustomers across the region."

Proposed by the Chinese government in May 2013, CPEC is amulti-billion infrastructure development plan to link China with markets in Central and South Asia, as well asto open new trade and transport routes across Asia. CPEC will create a3,000-kilometre economic corridor via roads, railways, and oil and gaspipelines running from Kashgar, Xinjiang in northwestern China, to Gwadar Portin southern Pakistan.

Through its member company,Lanzhou Pacific Logistics, Kerry Logistics is also offering multimodal freight solutions to customers via block train and trucking services along the CPEC, from multipleregions in China through Kashgar and Sost to Islamabad, Lahore and even Karachiin Pakistan.

About Kerry Logistics Network Limited (Stock Code 0636.HK)

KerryLogistics is an Asia-based, global 3PL with the strongest network in Asia. Itscore competency is providing highly customised solutions to multinationalcorporations and international brands to enhance their supply chain efficiency,reduce overall costs and improve response time to market. Kerry Logistics has anetwork covering 53 countries and territories, and is managing 53 million sq ftof land and logistics facilities worldwide, providing customers with highreliability and flexibility to support their expansion and long-term growth.Kerry Logistics Network Limited is listed on the Main Board of the Hong KongStock Exchange and is a selected Member of the Hang Seng CorporateSustainability Index Series 2017-2018.