20/05/05 CHEP changes sourcing approach To Ensure Supply of High Quality pallets

Sponsors dedicated pallet manufacturing facility for supply cost and
availability

Orlando - CHEP, the global leader in pallet and container pooling solutions,
today announced the start- up of a dedicated pallet manufacturing facility
located in Southaven, MS. The new plant will help guarantee customers
receive the supply of pallets they require, producing a small portion of the
new pallets CHEP introduces into its pallet leasing operations in the US
each year.

Our policy is to source pallets to our rigorous specifications at the
lowest possible cost, and this new facility greatly improves our ability to
do so, said Elton Potts, Senior Vice President, Asset Management, CHEP USA.

In benchmarking operations around the world, we have noticed other CHEP
businesses manufacturing pallets with great results. In the US, we have
chosen to invest in manufacturing equipment, but will outsource management
of the operation. This allows us to focus on our core activity, pallet and
equipment leasing, which is what creates value for our customers

Potts added that only part of the annual need for new pallets will be made
at the new facility, and CHEP will continue to source most of its pallet
needs from suppliers across the country.

About CHEP
CHEP is the global leader in pallet and plastic container pooling services
serving many of the world's largest companies. The company has more than
7,700 employees in 42 countries. Combining superior technology, over five
decades of experience and an asset base of more than 265 million pallets and
containers, CHEP handles pallet and container supply chain logistics for
customers in the consumer goods, produce, meat, home improvement, beverage,
raw materials and automotive industries. With global partners that include
Procter & Gamble, SYSCO, Kellogg's, Kraft, Nestle, Rich Products
Corporation, Ford and GM, CHEP is known for Handling the World's Most
Important Products. Everyday. For more information about CHEP, please visit:
www.chep.com.

For further information, please contact:
Per Ohstrom
Director, Marketing
CHEP
407.355.6491