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Exhibit 15.1
[ARTHUR ANDERSEN LLP LETTERHEAD]
October 26, 2000
FedEx Corporation
942 South Shady Grove
Memphis, Tennessee 38120
Ladies and Gentlemen:
We are aware that FedEx Corporation has incorporated by reference in this
Post-Effective Amendment No. 1 to the Registration Statement on Form S-8
(Registration No. 33-55055) its Form 10-Q for the quarter ended August 31,
2000, which includes our report dated September 18, 2000, covering the
unaudited interim financial information contained therein. Pursuant to
Regulation C of the Securities Act of 1933, that report is not considered a
part of this Registration Statement prepared or certified by our Firm or a
report prepared or certified by our Firm within the meaning of Sections 7 and
11 of the Act.
Very truly yours,
/s/ Arthur Andersen LLP
