Exhibit 99.1
(NEWS FROM UTI LOGO)
Contact:
Jeff Misakian
Vice President, Investor Relations
(562) 552-9417
jmisakian@go2uti.com
UTi WORLDWIDE REPORTS FISCAL 2010
FOURTH QUARTER RESULTS
Long Beach, Calif., March 25, 2010
— UTi Worldwide Inc. (NASDAQ: UTIW) today reported financial results for its fiscal 2010 fourth quarter ended January 31, 2010.
Fiscal Fourth Quarter 2010 vs. 2009 Results:
   
Revenues were $991.5 million, an increase of 11 percent from $894.1 million.
 
   
Net revenues (revenues minus purchased transportation costs) were $350.6 million, an increase of five percent from $332.7 million.
 
   
Net income attributable to UTi Worldwide Inc. was $1.5 million, or $0.02 per diluted share, compared to a net loss of $89.8 million, or $0.90 per diluted share.
 
   
Adjusting for goodwill impairment and other charges and a higher tax rate than historical levels, adjusted net income attributable to UTi Worldwide Inc. for the fiscal 2010 fourth quarter was $10.9 million, or $0.11 per diluted share.
 
   
Excluding goodwill impairment and other charges, adjusted net income attributable to UTi Worldwide Inc. in the fiscal 2009 fourth quarter was $15.3 million, or $0.15 per diluted share.
 
   
Net cash provided by operating activities was $68.3 million, compared to $77.6 million. Net cash provided by operating activities for fiscal 2010 was $120.0 million, compared to $150.5 million in fiscal 2009.
A reconciliation of GAAP to non-GAAP results is provided in the supplemental financial information attached to this release.
Eric W. Kirchner, chief executive officer, said, “Financial results in the fourth quarter were severely affected by sharply higher transportation costs and the associated reduction in yields, which more than offset a significant increase in volumes. The industry experienced a longer and more pronounced peak season than we have seen in several years, leading to an unanticipated surge in volumes in a market with limited capacity. As a result, transportation rates continued to climb throughout the fourth quarter. Yield compression was particularly acute in January, as volumes remained strong and carrier rates moved higher. Because of the lag inherent in passing these rising costs onto clients, we have not yet seen meaningful yield improvement in the first quarter of fiscal 2011. The circumstances leading to the industry-wide yield contraction are expected to stabilize over time and this will allow us to pass through higher prevailing transportation rates to clients.

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The following information was filed by Uti Worldwide Inc (UTIW) on Thursday, March 25, 2010 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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