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Joint Venture between VTG and Kuehne + Nagel creates Europe's largest private rail logistics provider - Seite 2

will continue to offer and develop in its core business units, are excluded
from the merger.

The customers of both companies will be able to benefit from new,
integrated transport concepts that will be developed to operate
multimodally from northern Europe to the Bosporus and from western Europe
to Russia. 'Our neutrality and independence provide a guarantee of flexible
and reliable transport solutions,' says Günther J. Ferk, Head of VTG Rail
Logistics Europe. In the Industrial Goods segment, from now on existing
customer relationships and expertise can also be exploited in the Balkan
region and Russia.

.

About VTG:

VTG Aktiengesellschaft is one of Europe's leading railcar leasing and rail
logistics companies. The company has the largest private railcar fleet in
Europe. Globally, the fleet consists of some 53,400 railcars, with a focus
on tank cars and state-of-the-art high capacity freight cars and flat cars.
In addition to the hiring of wagons, the Group offers comprehensive
multi-modal logistics services, mainly around rail transport, and global
tank container transports. Further information at www.vtg.com

About Kuehne + Nagel:
With over 62,500 employees at more than 1,000 locations in over 100
countries, the Kuehne + Nagel Group is one of the world's leading logistics
companies. Its strong market position lies in the seafreight, airfreight,
contract logistics and overland businesses, with a clear focus on providing
IT-based integrated logistics solutions.
Further information can be found at www.kuehne-nagel.com

Media contacts:

VTG Corporate Communications
Monika Gabler
Telephone: [phone]
Email: [e-mail]


Kühne + Nagel Corporate Communications
Inge Lauble-Meffert
Telephone: [phone]
Email: [e-mail]


End of Corporate News

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Language: English
Company: VTG Aktiengesellschaft
Nagelsweg 34
20097 Hamburg
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.vtg.de
ISIN: DE000VTG9999
WKN: VTG999
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart


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