HOOFDDORP, Netherlands, May 16 /PRNewswire/ --     CEVA Group Plc will publish its Quarter 1 2008 results on
Friday, May 23, 2008. The Interim Financial Statement will be made available
on CEVA's website http://www.cevalogistics.com at 09:00 GMT. A press release
with the highlights of the Report will be issued the same date.

CEVA. Making Business Flow

CEVA Logistics is a leading global supply chain management
company. We provide end-to-end design, implementation and operational
solutions in contract logistics and freight forwarding to large and
medium-sized national and multinational companies. CEVA employs 54,000 people
and runs an extensive global network with facilities in over 100 countries.
Following the merger with EGL in August 2007, the new combined company had
pro forma sales of EUR 6.3 billion. For more information, please visit
http://www.cevalogistics.com

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT of 1995:

The statements included in this news release, and other
statements that are not historical facts, may contain forward-looking
statements. In addition to the assumptions specifically mentioned in the
above paragraphs, there are a number of other factors that could cause actual
results and developments to differ materially from those expressed or implied
by these forward-looking statements. These factors include, but are not
limited to, the process of combining EGL and CEVA, the actual effects of
recent and future regulatory changes and technological developments,
globalization, levels of spending in major economies, the economic climate in
Asia and the US, levels of marketing and promotional expenditure, actions of
competitors and joint venture partners, employee costs, future exchange and
interest rates, changes in tax rates, unexpected costs of integrating
recently acquired businesses and future business combination or dispositions
and other factors detailed in risk factors and elsewhere in CEVA and EGL's
most recent Annual Reports, including but not restricted to the EGL Annual
Report on Form 10-K. Further information concerning the Company and its
business, including factors that potentially could materially affect the
Company's financial results, is contained in the Company's filings with the
Securities and Exchange Commission. Should one or more of these risks or
uncertainties materialize (or the consequences of such a development worsen),
or should underlying assumptions prove incorrect, actual outcomes may vary
materially from those forecasted or expected. EGL and CEVA disclaim any
intention or obligation to update publicly or revise such statements, whether
as a result of new information, future events or otherwise.