ABX Air Holds First Shareholders Meeting

Discusses 2003 and first quater of 2004

WILMINGTON, OH - May 6, 2004 - ABX Air, Inc., held its first shareholders meeting today at Roberts Centre in Wilmington, Ohio, at 11 a.m. ABX Air was formerly a wholly owned subsidiary of Airborne, Inc. On Aug. 15, 2003, DHL Worldwide Express, B.V., acquired all of Airborne's ground operations and ABX Air was separated from Airborne, becoming an independent, publicly traded company.

"This is a very exciting time for the company, and we were glad to see so many of our shareholders attend the meeting," said Joe Hete, President and CEO of ABX Air.

Business before the shareholders included the election of James E. Bushman to the Board of Directors for a three-year term and ratification of the appointment of Deloitte & Touche LLP as independent auditors for fiscal year 2004. Both votes passed.

After the opening announcements and introductions, Hete gave a presentation recapping the company's progress since becoming a publicly traded company. The presentation is available for download as a 1.1M ZIP file or a 3.5M PDF file.

ABX Air is a multi-faceted airline with a fleet of 115 aircraft operating out of a privately owned airport in Wilmington, Ohio, and eleven hubs throughout the United States. In addition to providing airlift capacity and sort center staffing to DHL/Airborne, ABX Air provides charter and maintenance services to a diverse group of customers. With over 7,400 employees, ABX is the largest employer in a several-county area in southwestern Ohio.

For more information, contact ABX Air