Product Listing Satisfies New Model Sprinkler Code Requirement

CHEP, the global leader in pallet and container pooling services, today
announced it has received an important product listing for its four-way entry
wood pallets with composite wood blocks. Factory Mutual (FM) Global. a leading
international property insurer, now lists CHEP pallets as meeting the
requirements of its standard "Classification of Idle Plastic Pallets as
Equivalent to Wood Pallets (FM 4996)".

"We are pleased to receive this important product designation from one of the
world`s most respected test laboratories," said Kevin Shuba, Group President for
CHEP Americas. "The FM Global product listing reaffirms that our four-way entry
wood pallets with composite wood blocks meet the requirements of existing fire
safety codes."

Until recently, wood pallets with composite blocks were not required to be
listed as meeting a product standard, as they were previously defined as being
wooden products. Due to new requirements in the National Fire Protection
Association`s (NFPA) 2007 edition of its model code "Standard for the
Installation of Sprinkler Systems" (NFPA 13-2007), wood pallets with composite
wood blocks are now subject to a product standard previously only applicable to
plastic pallets.

The FM Global product listing meets the requirements of the new language in NFPA
13-2007, and effectively validates that no upgrade in sprinkler protection is
required in manufacturing and shipping facilities solely as a result of the use
of CHEP`s pallets.

Interested parties can identify products listed under FM 4996 by visiting the FM
Approval Guide, the on-line resource of FM Approvals, at
http://www.fmglobal.com/page.aspx?id=50000000.

About CHEP

CHEP is the global leader in pallet and container pooling services serving many
of the world's largest companies. The company has more than 7,000 employees and
operates in 45 countries. Combining superior technology and an asset base of
more than 300 million pallets and containers, CHEP offers its customers
exceptional value, a platform that enables reduction in customer product damage,
and an environmentally sustainable logistical solution. Supply chains served
include consumer goods, produce, beverage, and the automotive industry. With
global partners that include Procter & Gamble, SYSCO, Kellogg's, Kraft, Nestle,
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.

About FM Global

Established nearly 175 years ago, FM Global is a US$4.5 billion company that has
been named "Best Property Insurer in the World" by Euromoney magazine and "Best
Global Property Insurer" by Global Finance magazine. Ranked 583 among FORTUNE
magazine`s largest companies in America, FM Global works with clients to develop
robust property insurance and engineering solutions to protect their business
operations from fire, natural disasters and other types of property risk. FM
Global offers worldwide industrial and commercial product certification and
testing services through FM Approvals. Recognized and respected across the
globe, FM Approvals certification assures customers a product or service that
has been objectively tested and conforms to the highest national and
international standards.