Toll acquires innovative Asia-Europe sea-air service - TOLL Group

1 February 2011
The Manager
Australian Stock Exchange
Company Announcement Office
Level 4
20 Bridge Street
Sydney NSW 2000
Dear Sir
Toll Holdings Limited
ABN 25 006 592 089
Level 7/380 St Kilda Road
Melbourne Victoria 3004
Tel: 61 3 9694 2888
Fax: 61 3 9694 2880
Lodged Through ASX On Line
Total No. of Pages: 2
MEDIA RELEASE - TOLL GROUP ACQUIRES INNOVATIVE ASIA-EUROPE SEA-AIR
SERVICE PROVIDER
Please find attached a media release for immediate release to the market.
Yours faithfully
TOLL HOLDINGS LIMITED
Bernard McInerney
Company Secretary
Encl.

1 February 2011
MEDIA RELEASE
Toll Group acquires innovative Asia-Europe Sea-Air service provider
Toll Group, the Asian region’s leading provider of integrated logistics services, today announced
the acquisition of SAT Albatros (SAT) a Dubai based market leading provider of Sea-Air Services.
“The acquisition of SAT will further cement Toll’s strategic position in the Middle East and in the
Asia to Europe trade lane”, said Toll Group’s Managing Director, Paul Little AO.
“With a strong customer base and as the market leader in this service offering, SAT will support
our intention to further develop in this market.
“Building our business with a niche Sea-Air provider gives us further scope to offer our customers
the opportunity to match speed to market with a cost-effective service. For customers who want to
transport goods quickly but keep costs down, this integrated option can offer significant cost
savings over pure air freight.”
“The integration of SAT will allow us to secure a blue-chip well-established customer base
principally consisting of European fashion apparel, electronics, and consumer goods
conglomerates sourcing products from Asia.
“SAT will form part of Toll’s rapidly developing Global Forwarding division, adding further capacity
to the Group in the Middle East following the 2009 acquisition of Dubai-based Logistic Distribution
System (LDS).
“SAT has strong links in Europe and in particular Germany, which itself accounts for a majority of
volume at destination,” Mr Little concluded.
Providing combined Sea-Air logistics from Asia to Europe with its weekly scheduled services, SAT
offers an alternative to pure air or sea freight on this route.
SAT reported revenue in excess of US$40 million 2010. The company expects the acquisition to
be earnings per share positive in its first year.
For further information, please contact:
Andrew Ethell David Shirer
GM Group Corporate Affairs Group GM Investor Relations
+61 3 9694 2890 +61 3 8689 3226
+61 417 667 414 +61 407 512 521