Glancy Binkow & Goldberg LLP reminds investors of UTi Worldwide Inc. (“UTi” or the “Company”) (NASDAQ:UTIW) that all purchasers of UTi securities between December 5, 2013 and February 25, 2014, inclusive (the “Class Period”), have until May 16, 2014, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit.

UTi provides supply chain services and solutions including airfreight forwarding, ocean freight forwarding, customs brokerage, contract logistics and related services worldwide. The Complaint alleges that UTi was experiencing a severe liquidity crunch during the foregoing period and was rapidly depleting its lines of credit as a result of problems with the rollout of a new freight-forwarding operating system. The undisclosed liquidity problems were so severe that the Company was at risk of breaching its financing covenants and, to provide UTi with emergency financing, the Company was forced to engage in a heavily dilutive offering of convertible notes and preferred shares totaling over $500 million.

If you are a member of the Class described above, you may move the Court no later than May 16, 2014, to serve as lead plaintiff; however, you must meet certain legal requirements. To be a member of the Class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888) 773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.

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