EX-99.1 2 a04-5669_1ex99d1.htm EX-99.1

Exhibit 99.1

 

PRESS RELEASE


By:


Expeditors International of Washington, Inc.
1015 Third Avenue, Suite 1200
Seattle, Washington 98104

 

 

 

 

CONTACT:

R. Jordan Gates

 

 

 

Chief Financial Officer

 

 

 

(206) 674-3427

FOR IMMEDIATE RELEASE

 

EXPEDITORS ANNOUNCES CASH DIVIDEND INCREASE

 

SEATTLE, WASHINGTON – May 6, 2004, Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that its Board of Directors has declared a semi-annual cash dividend of $.11 per share, a 38% increase from the $.08 per share semi-annual dividend declared in 2003.  The dividend will be payable on June 15, 2004 to shareholders of record as of June 1, 2004.

 

Expeditors is a global logistics company headquartered in Seattle, Washington. The company employs trained professionals in 169 offices and 12 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.