ARAMEX PJSC — M&A Activity 2016

Oct 3, 2016

Date: Monday, 03'd October 2016

HE Hassan Abdulrahman Al Serkal Executive Vice President - Chief Operations Officer Head of Operation Division Dubai Financia! Market Dubai, UAE

Subiect: Aramex and Australia Post form a ioint-venture companv.

Greetings:

Reference is made to the above subject, and in compliance with the disclosure and transparency rules of the Securities and Commodities Authority and the Dubai Financial Market, we would like to inform you that Aramex and Australia Post have established a joint-venture company. This new company is based in Singapore and will be targeting the global e-commerce market with a particular focus on Asia.

Aramex owns a 60% stake in this new joint-venture company, while Australia Post owns the remaining 40%.

The new joint-venture company had acquired Australia Post's "StarTrack lnternational", which offers global e-commerce postal and supply chain sol utions, for 562.4 mi! I ion Austra lia n dolla rs.

This agreement comes as part of Aramex's international expansion strategy.

Sincerely yours,

Bashar Obeid cFo