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Exhibit 99.1
(Front)
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PROXY
AMERICAN FREIGHTWAYS CORPORATION
PROXY SOLICITED BY THE BOARD OF DIRECTORS FOR
THE SPECIAL MEETING OF SHAREHOLDERS, FEBRUARY 9, 2001
The undersigned shareholder(s) of American Freightways Corporation hereby
appoint F.S. (Sheridan) Garrison and Tom Garrison, and each or either of them,
the true and lawful agents and attorneys-in-fact for the undersigned, with full
power of substitution, to vote, as specified on the reverse side hereof, all
shares the undersigned is entitled to vote at the Special Meeting of
Shareholders of American Freightways Corporation to be held at the Comfort Inn
Convention Center, 1210 Hwy. 62-65 North, Harrison, Arkansas on Friday, February
9, 2001 at 10:00 a.m., central time, and at any postponements or adjournments
thereof.
IF PROPERLY SIGNED, DATED AND RETURNED, THIS PROXY WILL BE VOTED IN THE MANNER
DIRECTED HEREIN. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE
APPROVAL AND ADOPTION OF THE MERGER AGREEMENT AND THE MERGER IN ACCORDANCE WITH
THE RECOMMENDATION OF THE BOARD OF DIRECTORS OF AMERICAN FREIGHTWAYS
CORPORATION.
The signer hereby revokes all proxies heretofore given by the signer to vote at
said meeting or at any postponements or adjournments thereof.
Please sign exactly as name(s) appear(s) on this card. Joint owners should each
sign. Attorneys, executors, trustees, administrators and others acting in a
representative capacity should indicate title when signing.
You are encouraged to specify your choice by marking the appropriate box on the
reverse side, but you need not mark any box if you wish to vote in accordance
with the Board of Directors' recommendation. The proxy holders cannot vote your
shares unless you sign, date and return this card.
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?
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(Back)
[X] Please mark your votes as in this example.
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AMERICAN FREIGHTWAYS CORPORATION
CONTROL NUMBER:
Please be sure to sign and date this proxy.
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Date
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Shareholder sign here Co-owner sign here
The Board of Directors of American Freightways Corporation recommends that you
vote FOR Proposal 1.
1. To approve and adopt the Amended and Restated Agreement and Plan of Merger
dated as of November 12, 2000 and amended and restated as of January 5, 2001
among American Freightways Corporation, FedEx Corporation and FDX, Inc. and the
merger provided for therein, as described in the accompanying proxy
statement/prospectus. The merger agreement contemplates, among other things,
that American Freightways will become a wholly-owned subsidiary of FedEx, and
each outstanding share of American Freightways common stock will be converted
into the right to receive that number of shares of FedEx common stock determined
by dividing $28.13 by the average closing price per share of FedEx common stock
for a defined period of trading days prior to the closing of the merger.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
Mark box at right if an address change or comment has been noted on the reverse
side of this card. [ ]
PLEASE COMPLETE, SIGN, DATE AND PROMPTLY RETURN THIS PROXY CARD IN THE ENCLOSED
POSTAGE-PAID ENVELOPE.
