HONG
KONG, CHINA -�Media
OutReach�- 2 October 2018 -� Kerry Logistics Network Limited ('Kerry Logistics'; Stock Code
0636.HK) today announced the consolidation of its global project logistics
services under the Kerry Project Logistics brand to meet the growing demand
for total logistics solutions for large-scale, complex projects worldwide. With
the joining of Saga Italia S.p.A. ('Saga Italia') in
June, Kerry Logistics is well-placed to explore the immense business
opportunities driven by increased government infrastructure investment and
logistics project spending, particularly in the Belt and Road countries.

Under the new brand Kerry Project
Logistics, a dedicated project team of more than 220 specialists operates
cohesively across the globe to orchestrate complex projects from start to
finish. Its focus markets extend from Greater China, North, Southeast and
Central Asia, to the Middle East, Pakistan, Africa, Europe, and the Americas.

�

Apart from the oil and gas
industry where Saga Italia is specialised in, Kerry Logistics is also targeting
the construction, infrastructure and industrial, renewables, mining, and
petrochemicals sectors.

�

Thomas Blank,
Managing Director of Europe, Kerry Logistics, said, "As China's Belt and Road initiative
reaches its five-year mark, we are positive about the growth potential in the
global project logistics market as infrastructure projects begin to progress
beyond the planning stage."

�

"Combining Saga Italia's
expertise and our proven track record, we felt the time was right to
consolidate our capabilities worldwide and invest in the growth in this area. We are very
excited about the opportunity to make use of Kerry Logistics' global network to
provide customers with streamlined project logistics solutions from initial
evaluation to final delivery," added Blank.

By launching the new Kerry Project Logistics brand,
Kerry Logistics is committed to delivering innovative, cost-effective, and
flexible multimodal solutions to better serve existing customers and meet
future growth demand.

�

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

Kerry Logistics is an Asia-based, global 3PL
with the strongest network in Asia. Its core competency is providing highly
customised solutions to multinational corporations and international brands to
enhance their supply chain efficiency, reduce overall costs and improve
response time to market. Kerry Logistics has a network covering 53 countries
and territories, and is managing 53 million sq ft of land and logistics
facilities worldwide, providing customers with high reliability and flexibility
to support their expansion and long-term growth. Kerry Logistics Network
Limited is listed on the Main Board of the Hong Kong Stock Exchange and is a
selected Member of the Hang Seng Corporate Sustainability Index Series 2017-2018.