BLUE DART ENTERS INTO A STRATEGIC ALLIANCE WITH CROWN COURIERS

- extends reach in North -
- 74 new locations now available -

Mumbai, June 20, 2001 : Blue Dart Express Limited, India's leading integrated air express and logistics service provider, has signed an exclusive agreement with Crown Couriers, a leading courier company in North India. With this alliance, Blue Dart Express Limited has added an additional 74 locations to its existing network in Northern India, thereby increasing the total number of locations serviced by Blue Dart to over 12,000 across the country. Crown Couriers has an extensive reach in the states of Haryana, Punjab, Rajasthan, Himachal Pradesh, U.P. and Uttaranchal.

Mr. Ashok Jain, Senior Vice President - North, Blue Dart Express Limited said, "Leadership is the most important element of success in the 21st century. Our alliance with Crown Couriers will reiterate our leadership in the domestic express market. Customers will now be able to access our services even in the interiors of the Northern region, that Blue Dart does not currently service.

Signing the agreement, Mr. C.L.Bareja, Chairman & Managing Director, Crown Couriers stated, "This alliance will help Crown Couriers provide countrywide reach to its clientele from the North".

Blue Dart Express Limited is India's leading integrated air express and logistics company, with over 38 % in the domestic market. Blue Dart offers a comprehensive range of services and products for both international and domestic shippers. Blue Dart's continuous commitment towards understanding the needs and concerns of the customer has enabled it to provide unmatched standards of service quality with 99.95 percent reliability levels in the express industry. Over the years, Blue Dart has expanded the market rapidly, which is reflected in its turnover growth over the last three years. Blue Dart is the largest Global Service Participant of FedEx, the world's largest air express transportation company.

For further information contact

marketing@bluedart.com
Dated : May 17, 2001