JULY 2007

GRUPO TMM EXPANDS ITS LOGISTICS SERVICES THROUGH ACQUISITION OF AUTOMOBILE TRANSPORTATION ASSETS
 

(Mexico City, July 25, 2007) – Grupo TMM, S.A.B. (NYSE: TMM and BMV: TMM A; “TMM” or the “Company”); a Mexican multimodal transportation and logistics company, announced today that TMM Logistics, its wholly-owned subsidiary, has expanded its logistics services by acquiring an important fleet of auto hauling equipment and operating yards, while simultaneously entering into long-term contracts with two major auto manufacturers. The acquisition price for this new business was $36 million.

It is expected that this new business will add more than $40 million of annual revenue to the Company’s Logistics division. With these acquisitions, TMM Logistics will become one of the largest auto hauling carriers in Mexico. The Company anticipates that this new specialized auto hauling business will be supported by existing management, commercial, information technology and operating capabilities, creating additional synergies over time.

Javier Segovia, president of Grupo TMM, said, “As with our recently acquired warehousing operation, this new auto hauling business further expands TMM Logistics’ total service package, providing comprehensive solutions to shippers within Mexico. This new acquisition reflects management’s commitment to growth and to effectively service our customers, while at the same time providing employment for more than 400 Mexican families, and will allow TMM Logistics to increase its market leadership in Mexico.”

Headquartered in Mexico City, TMM is a Latin American multimodal transportation Company. Through its branch offices and network of subsidiary companies, TMM provides a dynamic combination of ocean and land transportation services. Visit TMM’s web site at www.grupotmm.com. The site offers Spanish/English language options.
 
   
 
Included in this press release are certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements speak only as of the date they are made and are based on the beliefs of the Company's management as well as on assumptions made. Actual results could differ materially from those included in such forward-looking statements. Readers are cautioned that all forward-looking statements involve risks and uncertainty. The following factors could cause actual results to differ materially from such forward-looking statements: global, US and Mexican economic and social conditions; the effect of the North American Free Trade Agreement on the level of US-Mexico trade; the condition of the world shipping market; the success of the Company's investment in new businesses; the ability of the Company to reduce corporate overhead costs and the ability of management to manage growth and successfully compete in new businesses These risk factors and additional information are included in the Company's reports on Form 6-K and 20-F on file with the United States Securities and Exchange Commission.