HONG KONG, CHINA -�Media OutReach�-�6 December 2019-�Kerry Logistics Network Limited ('Kerry
Logistics'; Stock Code 0636.HK) is honoured to receive for the first time the
Junzi Corporation Award (the 'Award') presented by the Hang Seng University of
Hong Kong ('HSUHK'), which recognises Kerry Logistics' resolute adherence to the
highest standards of business ethics. Kerry Logistics also collected the iMoney
Corporate Governance Award, jointly conferred by HSUHK and Hong Kong financial
publication iMoney.

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Organised for the ninth year, the Award acknowledges corporations that
value business ethics and "Junzi's Five Virtues" - Benevolence, Rightness,
Propriety, Wisdom and Trustworthiness - based on the Confucian concept, as well
as Western ethical theories of business that emphasise integrity and fairness. The
iMoney Corporate Governance Award is the accolade given by one of the media
partners of the Award to winners.

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William Ma, Group Managing Director of Kerry Logistics, said, "We are
delighted by the honour HSUHK has granted us. We always strictly abide by the highest ethical
code in all of our operations. We will continue to engage in socially responsible
practices and contribute to the welfare of the societies in which we operate as
a global enterprise."

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Kerry Logistics operates its business with integrity, transparency and accountability, and has committed itself to
serving the community by leveraging its talents, resources and networks. Its community involvement focus demonstrates
its care towards the youth, the underprivileged and the environment. To raise
awareness and identify opportunities for improvement, Kerry Logistics has
established and implemented environmental management systems accredited to the ISO14001 standard, and supported community initiatives run by different charitable organisations.

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 55 countries
and territories, and is managing 70 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 2019-2020.

About the Junzi Corporation Award

As the only
corporate selection activity to promote business ethics in Hong Kong, the Junzi
Corporation Award is designed to recognise the contribution of local "Junzi
corporations" and "Junzi entrepreneurs" to Hong Kong's social ethics and to
actively promote Confucian business culture. The criteria for judging the Junzi
Corporation Award are the "Five Virtues" of the Confucian concept, namely
"Benevolence", "Rightness", "Propriety", "Wisdom" and "Trustworthiness".