MAY 2009

GRUPO TMM ANNOUNCES AWARD FOR FIVE-YEAR PRODUCT TANKER CONTRACT WITH PEMEX
 

Mexico City, May 20, 2009 - Grupo TMM, S.A.B. (NYSE: TMM and BMV: TMM A; “TMM”);   a Mexican intermodal transportation and logistics company, announced today that Pemex awarded TMM with one bare boat and ship management product tanker contract that the Company had bid for in April. This five-year contract commences in mid-June.

José F. Serrano, chairman and chief executive officer of Grupo TMM, said, “We are pleased to announce the results of this bid. This new contract will contribute to the Maritime’s division results in the second quarter and forward. We maintain our commitment to capitalize on attractive growth opportunities.”

Headquartered in Mexico City, TMM is a Latin American intermodal 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; risks associated with the Company's reorganization and restructuring; the ability of the Company to reduce corporate overhead costs; the ability of management to manage growth and successfully compete in new businesses; and the ability of the Company to restructure or refinance its indebtedness. 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.