HONG KONG, CHINA - Media OutReach - 27 April 2020 - Kerry Logistics Network Limited ('Kerry Logistics'; Stock Code 0636.HK) announced the expansion of its coffee trading business into Taiwan, as the sole distributor of Italian coffee group illycaffè's complete product range in Taiwan. The move marks Kerry Logistics' extension of its footprint into a society with a rich coffee culture.

Kerry Logistics, through its sub-brand Kerry Coffee, is now the sole distributor of illycaffè's iperEspresso coffee machines, capsules, coffee beans and other coffee-making equipment and accessories in Hong Kong, Macau and Taiwan.

Kerry Coffee was established in 2019 for the trading and distribution of illycaffè's products in Hong Kong and Macau. It was a progression of the partnership between Kerry Logistics and illycaffè that began in 2017 to provide total integrated logistics solutions for illycaffè and act as the sole distributor of iperEspresso coffee machines and capsules in Hong Kong.

Robert Berger, Executive Director of Kerry Coffee (Hong Kong), said, "We are delighted to take our collaboration with illycaffè further and into a society that appreciates the finer points of coffee. Taiwan has a deep-rooted and booming coffee culture. So we are optimistic in deepening Taiwan's love of coffee by bringing the unique Italian coffee culture and flavour embodied by illycaffè there. This expansion is a substantial increase in presence for the illy brand, complementing Kerry Coffee's existing operation in Hong Kong and Macau and strengthening its position in the coffee market."

illycaffè is one of the world's most global coffee brands. As its sole distributor in Hong Kong, Macau and Taiwan, Kerry Coffee is responsible for providing total logistics solutions, sales and marketing to its entire product selection.

About Kerry Logistics Network Limited (Stock Code 0636.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. Kerry Logistics has a network covering 55 countriesand territories, and is managing 75 million sq ft of land and logisticsfacilities worldwide, providing customers with high reliability and flexibilityto support their expansion and long-term growth. Kerry Logistics NetworkLimited is listed on the Main Board of the Hong Kong Stock Exchange and is aselected Member of the Hang Seng Corporate Sustainability Index Series 2019-2020.

About illycaffè

illycaffè is an Italian family business,founded in Trieste in 1933 and committed to offering the greatest coffee to theworld. illy is the world's most global coffee brand, producing theunique illy 100% Arabica blend made of 9 of the world's best selections of Arabica; each day morethan 7 million cups are served in over 140 countries in the finest cafés,restaurants, hotels, and in offices and homes. illy has become the standard forerunner ofespresso, and thanks to three critical innovations, is considered the leader inthe science and technology of coffee. With the bestowing of the first "ErnestoIlly Award for quality espresso coffee" in 1991 in Brazil, illy also pioneered direct sourcing, sharingknow-how, and paying a premium price for the best quality, based onpartnerships underwritten by the principles of sustainable development. Thecompany also founded the University of Coffee with the aim of fostering andspreading its culture, providing comprehensive academic and hands-on trainingfor coffee growers, baristas, and coffee lovers in order to cover every aspectof the product. Everything "made in illy" is enhanced by beauty & art,which represent founding values of the brand, starting from its logo -- designedby an artist, James Rosenquist -- and including the renowned illy ArtCollection, comprised over 100 cups designed by international artists. In 2017the company was employing 1,290 people, and posted consolidated revenues of€467 million. There are approximately 244 stores and mono-brand illy shopsin 43 countries.