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.expeditors2008-05-08

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  • 1. PRESS RELEASE By: Expeditors International of Washington, Inc. 1015 Third Avenue, Suite 1200 Seattle, Washington 98104 CONTACT: R. Jordan Gates President and Chief Operating Officer (206) 674-3427 FOR IMMEDIATE RELEASE EXPEDITORS ANNOUNCES SEMI-ANNUAL CASH DIVIDEND OF $.16 SEATTLE, WASHINGTON – May 8, 2008, Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that its Board of Directors has declared a semi-annual cash dividend of $.16 per share, a 14% increase from the $.14 per share semi-annual dividend declared in 2007. The dividend will be payable on June 16, 2008 to shareholders of record as of June 2, 2008. Expeditors is a global logistics company headquartered in Seattle, Washington. The company employs trained professionals in 179 full-service offices, 69 satellite locations and 4 international service centers located on six continents linked into a seamless worldwide network through an integrated information management system. Services include air and ocean freight forwarding, vendor consolidation, customs clearance, marine insurance, distribution and other value added international logistics services.