HOUSTON, Aug. 1 /PRNewswire/ -- EGL, Inc. (Nasdaq: EAGL) announced today
that it has been granted early termination, effective July 28th, of the
waiting period under the Hart-Scott-Rodino Act with respect to its proposed
merger with Circle International Group, Inc. (Nasdaq: CRCL).
    EGL has scheduled a special meeting of its shareholders to vote on the
merger for September 18, 2000 and Circle has scheduled a special meeting of
its shareholders to vote on the merger for September 20, 2000.  EGL and Circle
have established August 2, 2000 as the record date for determining
shareholders entitled to notice of and to vote at the special meetings.
    "We are pleased to have received Hart-Scott-Rodino clearance on a timely
basis," commented James R. Crane, chairman and CEO of EGL. "We believe that
the proposed merger of Circle and EGL brings together complementary strengths,
creating a formidable service organization well positioned to compete in the
global marketplace."
    Under the terms of the proposed merger, which was announced jointly by EGL
and Circle on July 3, 2000, each of Circle's shares of common stock are to be
converted into one share of EGL common stock.  Completion of the proposed
merger is subject to the approval of the shareholders of both companies and
the satisfaction of other customary conditions.

    About EGL
    EGL, Inc. operates under the name EGL Eagle Global Logistics.  EGL's
dedication to providing superior flexibility and fewer shipping restrictions
on a price competitive basis has made it a leading provider of heavy-weight
airfreight forwarding and other transportation and logistics services.  EGL's
network of 92 terminals in nine countries features state-of-the-art
information systems designed to maximize cargo management efficiency and
customer satisfaction.

    About Circle
    Headquartered in San Francisco, Circle International Group, Inc. is a
global logistics solutions company. Founded in 1898, Circle today has more
than 4,900 employees, with over 300 offices in 100 countries.  With annual
revenues of over $800 million, Circle provides integrated services including
multi-modal air and ocean freight forwarding, customs brokerage, materials
management, warehousing, distribution and fulfillment, trade facilitation and
procurement, and logistics and supply chain management.

    FORWARD LOOKING STATEMENT AND INVESTOR NOTICE
    The statements in this press release regarding the proposed Circle merger
and any other statements, which are not historical facts, are forward looking
statements.  Such statements involve risks and uncertainties, including, but
not limited to, risks that the merger will be delayed or not occur and other
factors detailed in EGL and Circle's filings with the Securities and Exchange
Commission ("SEC"). If one or more of these risks or uncertainties
materialize, or if underlying assumptions prove incorrect, actual outcomes may
vary materially from those indicated.
    EGL filed a registration statement on Form S-4 with the SEC on July 27,
2000.  In the connection with the merger, EGL and Circle expect to mail a
joint proxy statement/prospectus, which will be part of the registration
statement, to shareholders of EGL and Circle containing information about the
merger.  Shareholders of EGL and Circle are urged to read the joint proxy
statement/prospectus and any other relevant documents filed with the SEC.  The
joint proxy statement/prospectus will contain important information about EGL,
Circle, the merger, the persons soliciting proxies related to the merger, and
related matters that should be considered by shareholders before making any
decision regarding the merger and related transactions.  The registration
statement, joint proxy statement/prospectus and other documents will be
available free of charge on the SEC's web site at http://www.sec.gov and from
EGL and Circle.  EGL and Circle also file annual, quarterly and special
reports, proxy statements and other information with the SEC that are
available free of charge at the SEC's web site and from EGL and Circle.
    In addition, the identity of the people who, under SEC rules, may be
considered "participants in the solicitation" of EGL shareholders and Circle
shareholders in connection with the proposed merger, and a description of
their interests, is available in an SEC filing under Schedule 14A made by each
of  EGL and Circle on July 3, 2000.

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