SIRVA, Inc.

Chicago, IL: (May-01-07) The Owner-Operator Independent Drivers Association, Inc. (OOIDA) and certain owner-operators, filed two class action lawsuits against SIRVA, Inc., a global relocation services provider, alleging that two of its subsidiaries, Allied Van Lines, Inc. and North American Van Lines, Inc. violated the federal Truth in Leasing regulations. These lawsuits are among several similar lawsuits initiated by OOIDA against other moving and transportation related companies over the past several years. In a settlement reached, Allied Van Lines and North American Van Lines have agreed to pay $8 million to the owner-operators in the represented class over a period of two years to settle all claims in the lawsuits. SIRVA expects to pay $2.7 million of the costs, with the balance funded by its agents. The settlement class covers all Allied Van Lines owner-operators who leased equipment and services to Allied Van Lines after May 5, 2000, and all North American Van Lines and Global Van Lines drivers who leased equipment and services to North American Van Lines after March 2001. As part of the settlement, Allied Van Lines and North American Van Lines also agreed to implement a new uniform independent contractor operating agreement. [PR NEWSWIRE: SIRVA SETTLEMENT]