SEATTLE, WA -- June 19, 2000
Airborne Freight Corporation (NYSE: ABF; www.airborne.com), which operates under the trade name Airborne Express, today announced the retirement of its Chief Financial Officer. Roy Liljebeck, a 33 year veteran of Airborne’s finance division, will officially end his service to Airborne on July 7.

"The countless contributions Roy has made over the past three decades have helped solidify Airborne’s position in the marketplace," said Airborne Chairman and CEO, Bob Cline. "His involvement with and commitment to the success of Airborne is rare, and although he will be greatly missed, we wish him the very best in retirement," said Cline.

Lanny Michael, Senior Vice President and Treasurer of Airborne Express, has been named acting CFO, and will succeed Mr. Liljebeck subject to full approval by Airborne’s Board of Directors in August.

For more than 50 years, Airborne Express has served the shipping needs of business customers around the world. Today, Airborne offers total distribution solutions by providing time-sensitive delivery of documents, letters, small packages, and freight to virtually every U.S. ZIP code and more than 200 countries. Customers can select from a variety of services including same-day, next-morning, next-afternoon or second-day delivery, ocean service, and logistics management.