FEDERAL EXPRESS AVAILABLE ON COMPUSERVE

MEMPHIS, TN --Oct. 17, 1995 -- What is the status of my FedEx package? For
CompuServe Information Service members, the answer is as close as their
personal computers. A new Federal Express store on CompuServe's Electronic
Mall offers 24-hour package status tracking plus a host of other services
and information for business and residential customers. 

CompuServe allows FedEx customers to track the status of their packages
on-line within the FedEx store. By simply typing in the tracking number
from a U.S. or international air waybill, CompuServe members can quickly
obtain updates on shipment status and proof of delivery. Members can also
download or order free FedEx software, check service availability to a
specific destination, talk to FedEx via email and read about the newest
FedEx services and geographic locations. Open every day of the year, the
FedEx store also provides detailed information on services targeted to the
work-at-home professional, international shippers and those with special
transportation needs. 

"Fedex is committed to providing ubiquitous accessibility to information
for our customers," said Michael W. Janes, vice president of Electronic
Commerce and Logistics Marketing for FedEx Logistics Services. "As a
leader in on-line services, CompuServe offers FedEx the ability to reach
three million current or potential shippers with our value added
services." 

FedEx's presence on the Mall builds on a relationship established in 1994,
when the two companies signed a network services agreement. CompuServe's
Network Services Division provides local-dial access to CompuServe's
global data network for the more than 70,000 FedEx customers who use the
Powership automated shipping systems. PowerShip customers use dedicated
modem-equipped PCs, supplied by FedEx, to ship domestic and international
packages, print shipping labels and verify delivery information on-line. 

Federal Express is the world's largest express transportation company,
providing fast and reliable services for nearly 2.4 million items in 204
countries each working day. The company employs more than 113,000 people
and operates more than 500 aircraft, 35,000 vehicles and nearly 180,000
Powership and FedEx Ship automated systems in its integrated global
network. In 1994, FedEx established a home page on the Internet Worldwide
Web at http://www.fedex.com. Federal Express reported revenues of $9.4
billion for its fiscal year ended May 31, 1995. 

CompuServe operates the most comprehensive network in the world, providing
on-line services to more than 3.5 million members in more than 140
countries and network services to more than 800 corporate customers
worldwide. H&R Block Tax Services provided tax-related services for almost
one in every seven returns filed with the IRS in 1995, and serviced 1.7
million taxpayers in more than 9,500 offices worldwide. 

CompuServe is an H&R Block company. Founded in 1955, H&R Block, a
diversified services company, is the world's leading tax preparation and
on-line information services company. 

Federal Express Corp
Public Relations
2005 Corporate Ave
First Floor
Memphis, TN 38132
 
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