A Message From The President of UniGroup
Worldwide
(September 7, 2001)

The consolidation of the moving industry, which has been under way for some time in the United States, can be seen emerging in other markets as well. The consequences of these mergers and acquisitions will be far-reaching as new alliances are likely to be formed and traditional trading relationships shift from the domain of individuals acting independently to the province of organized groups acting in collective interest.

The coming years will no doubt bring a measure of opportunity and challenge that will require businesses, both large and small, to evaluate alternatives and make strategic decisions that ensure continuing success. We can see movement in that direction already, as moving companies change their operating models in response to the pressures of an evolving, one-world economy and the influence of high-volume corporate clients which are, increasingly, limiting bid proposals to those providers capable of demonstrating single-source control under a common brand around the world.

For its part, UniGroup Worldwide UTS has chosen to be an active participant in this changing global environment by forming a joint operating and marketing agreement with UTS International B.V. This new partnership brings two agent-owned organizations together under a shared trademark, offering efficiencies and single-source advantages for multinational corporate clients.

As inevitable change comes about, you can count on UniGroup Worldwide UTS to maintain its leadership position in the industry. The purpose of this short note is to thank you for your business and to tell you that we place great value on the relationship we've shared with each other over the years. We look forward to continuing a long and mutually beneficial association.

Best Wishes,
Michael Kranisky
President
UniGroup Worldwide UTS
St. Louis, Missouri