TOLL GROUP REORGANIZES FOR 2010

Asia Pacific integrated logistics provider Toll Group announced several organizational and personnel changes that formally came into effect on January 1, 2010. The company stressed that its future success would depend on an ability to grow dynamically into chosen regional and global markets, and that the organization needs to be structured to enable key service off erings to be sold to customers wanting global solutions.

Five specific actions that Toll will be taking:

• Developing Global Express freight offer throughout the Asia Pacific region

• Building on existing customer base in Australia and New Zealand

• Enhancing cross selling throughout the Group

• Providing origin and destination support to Toll Global Forwarding

• Establishing career paths and succession planning

“I believe these changes will ensure we pave the way toward a future of further growth and new opportunities for our company and our people. I am very confident that the dedication and leadership of our senior management team will continue to meet and exceed the expectations of our customers, shareholders and employees,” said Paul Little, managing director, Toll Group.

THREE NEW DIVISIONS

As a result of the restructuring, three new divisions have been created: Global Express; Domestic Forwarding; and Specialised & Domestic Freight.

The Global Express division groups the express businesses of Toll IPEC, Toll Priority and Toll Fast, along with Toll Personnel and Toll Stream Solutions under the leadership of Shane O’Neill, divisional director, Global Express. Toll says that it intends to employ the “unique express skills” that have allowed it to become the market leader in Australia and expand these to take advantage of the opportunities that exist within the Asian region.

The Toll Domestic Forwarding division groups Toll SPD, Toll QRX, Toll Shipping Toll Tasmania, Toll Edwards and Toll New Zealand businesses together. Managed by Paul Ebsworth as divisional director, Domestic Forwarding, Toll envisages that this new division will enable it to heighten focus on domestic freight forwarding across various geographies.

Finally, the Specialised & Domestic Freight division groups together the businesses of Toll Express, Toll Linehaul, Westrans, NQX, Perkins, Toll Liquids, Toll Fleet, Toll Chemicals and Toll Transitions under the leadership of Mal Grimmond as divisional director, Specialised & Domestic Freight. This division will be responsible for providing key services to domestic customers with specialized requirements.