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Lenovo to Develop New U.S. Fulfillment Center in North Carolina

   

RESEARCH TRIANGLE PARK, N.C. – June 26, 2007 – Lenovo announced it will develop a new, state-of-the-art U.S. Fulfillment Center in the town of Whitsett in Guilford County, North Carolina. The fulfillment center will support regional customer requirements including product configuration, distribution services, returns management and some light assembly.

Lenovo will be creating more than 45 new full-time jobs when the U.S. Fulfillment Center becomes operational in January 2008. In addition, another 85 contractor and third-party logistics company positions are expected to be co-located on-site. The new facility will be approximately 200,000 square feet when completed and is expected to open in January 2008.

"Lenovo's new U.S. Fulfillment Center will be a flexible facility capable of handling unique customer requirements such as customized software installation for our North American customers," said Gerry P. Smith, senior vice president of Lenovo's Global Supply Chain. "This facility will streamline and expand our customer fulfillment and distribution capabilities in the U.S., and help position Lenovo for continued growth in North America."

Last week, Lenovo withdrew its application for over $150,000 in local incentives with the understanding that the Guilford County Commission will be able to apply those funds to projects that best serve the Guilford County community, such as the rebuilding of Eastern Guilford High School for example, which was destroyed by fire.

"We are honored to welcome Lenovo, and their new U.S. Fulfillment Center to Guilford County," said Dan Lynch, president of the Greensboro Economic Development Alliance, who helped recruit the company to the Rock Creek Center in Whitsett. "With its North Carolina roots in Research Triangle Park, and reputation as one of the world's leading computer manufacturers, we believe Lenovo is a key part of our strategy to create job opportunities in technology in this area."

About Lenovo Group Ltd. Lenovo (HKSE: 992) (ADR: LNVGY) is dedicated to building the world's best-engineered personal computers. Lenovo's business model is built on innovation, operational efficiency and customer satisfaction as well as a focus on investment in emerging markets. Formed by Lenovo Group's acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure, and easy-to-use technology products and services worldwide. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information, see www.lenovo.com .