FEDEX CORP — Director's Dealing 2010

Apr 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDEX CORP (FDX)
CIK: 0001048911
Period of Report: 2010-04-01

Reporting Person: WALSH PAUL S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-01	Common Stock	M	4000	$35.885	Acquired	12500	Direct
2010-04-01	Common Stock	S	4000	$92.7501	Disposed	8500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-01	Stock Option (Right to Buy)	$35.885	M	4000	Disposed	2011-09-24	Common Stock (4000)	Direct

Footnotes

F1: These options first exercisable one year from date of grant.