##### 



Note Purchase Agreement Dated as of July 13, 2006
 
 )
  Company), Existing Note Purchase Agreement), Notes) Note Purchase Agreement.




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##### 



UTi Worldwide Inc.
    
    First Amendment Agreement
  Closing
Date):
       October Amendment
to Credit Agreement).
   -2-




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UTi Worldwide Inc.
    
    First Amendment Agreement
         -3-




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##### 



UTi Worldwide Inc.
    
    First Amendment Agreement
   Section 4.2.
 Section 4.3.
 Section 4.4
 Section 4.5.
 -4-




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##### 



UTi Worldwide Inc.
    
    First Amendment Agreement
  UTi WORLDWIDE INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi (U.S.) LOGISTICS HOLDINGS INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi (AUST) PTY LIMITEDBy:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi AFRICA SERVICES LIMITEDBy:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized Signatory -5-




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##### 



UTi Worldwide Inc.
    
    First Amendment Agreement
 UNIGISTIX INCBy:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi, CANADA, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryCOMMERCE CUSTOMS BROKERS AND FREIGHT FORWARDERS LTD.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryW. J. BONDY CUSTOMS BROKERS LIMITEDBy:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryAMBASSADOR BROKERAGE LIMITEDBy:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized Signatory -6-




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##### 



UTi Worldwide Inc.
    
    First Amendment Agreement
 UTi FRANCE S.A.R.I.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi DEUTSCHLAND GmbHBy:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi (HK) LTD.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi NEDERLAND B.V.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatorySERVICIOS LOGISTICOS INTEGRADOS SLI, S.A.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized Signatory -7-




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##### 



UTi Worldwide Inc.
    
    First Amendment Agreement
 UNIÓN DE SERVICIOS LOGÍSTICOS INTEGRADOS, S.A.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi (TAIWAN) LIMITEDBy:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi WORLDWIDE (UK) LIMITEDBy:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi, (U.S.) HOLDINGS, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized Signatory -8-




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##### 



UTi Worldwide Inc.
    
    First Amendment Agreement
 UTi, UNITED STATES, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi, SERVICES, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi BROKERAGE, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi LOGISTICS, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryVANGUARD CARGO SYSTEMS, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized Signatory -9-




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##### 



UTi Worldwide Inc.
    
    First Amendment Agreement
 UTi, INTEGRATED LOGISTICS, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryMARKET INDUSTRIES, LTD.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryMARKET TRANSPORT, LTD.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryTRIPLE EXPRESS, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryIN TRANSIT, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized Signatory -10-




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##### 



UTi Worldwide Inc.
    
    First Amendment Agreement
 MARKET LOGISTICS SERVICES, LTD.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryMARKET LOGISTICS BROKERAGE, LTD.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatorySAMMONS TRANSPORTATION, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryLAKE STATES TRUCKING, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUNITED EXPRESS, LTD.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized Signatory -11-




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UTi Worldwide Inc.
    
    First Amendment Agreement
 AFRICAN INVESTMENTS B.V.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi ASIA PACIFIC LIMITEDBy:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryGODDARD COMPANY LIMITEDBy:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi INTERNATIONAL, INC.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized Signatory -12-




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UTi Worldwide Inc.
    
    First Amendment Agreement
 UTi (N.A.) HOLDINGS N.V.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryUTi (NETHERLANDS) HOLDINGS B.V.By:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized SignatoryPYRAMID FREIGHT (PROPRIETARY) LIMITEDBy:
    /s/ Gerhard BosuaName:
    Gerhard BosuaIts:  Authorized Signatory -13-




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UTi Worldwide Inc.
    
    First Amendment Agreement
  PRINCIPAL LIFE INSURANCE COMPANY,
ON BEHALF OF ONE OR MORE SEPARATE ACCOUNTSBy:
    Principal Global Investors, LLC,a Delaware limited liability company,its authorized signatoryBy:
    /s/ Alan P. KressName:
    Alan P. KressTitle:
    CounselBy:
    /s/ Christopher J. HendersonName:
    Christopher J. HendersonTitle:
    Vice President & Senior
Investment CounselPRINCIPAL LIFE INSURANCE COMPANYBy:
    Principal Global Investors, LLC,a Delaware limited liability company,its authorized signatoryBy:
    /s/ Alan P. KressName:
    Alan P. KressTitle:
    CounselBy:
    /s/ Christopher J. HendersonName:
    Christopher J. HendersonTitle:
    Vice President & Senior
Investment Counsel -14-




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UTi Worldwide Inc.
    
    First Amendment Agreement
 RGA REINSURANCE COMPANY, a Missouri
  corporationBy:
    Principal Global Investors, LLC,a Delaware limited liability company,its authorized signatoryBy:
    /s/ Alan P. KressName:
    Alan P. KressTitle:
    CounselBy:
    /s/ Christopher J. HendersonName:
    Christopher J. HendersonTitle:
    Vice President & Senior
Investment CounselAVIVA LIFE INSURANCE COMPANYBy:
    Principal Global Investors, LLC,a Delaware limited liability company,its authorized signatoryBy:
    /s/ Alan P. KressName:
    Alan P. KressTitle:
    CounselBy:
    /s/ Christopher J. HendersonName:
    Christopher J. HendersonTitle:
    Vice President & Senior
Investment Counsel -15-




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UTi Worldwide Inc.
    
    First Amendment Agreement
 THE
BANK OF NEW YORK, as trustee for
the Scottish Re (U.S.), Inc. and
Security Life of Denver Insurance Company Security Trust by agreement
datedDecember 31, 2004
    By:
    Principal Global Investors, LLC,a Delaware limited liability company,its authorized signatoryBy:
    /s/ Alan P. KressName:
    Alan P. KressTitle:
    CounselBy:
    /s/ Christopher J. HendersonName:
    Christopher J. HendersonTitle:
    Vice President & Senior
Investment CounselVANTISLIFE INSURANCE COMPANY, a Connecticut
    companyBy:
    Principal Global Investors, LLC,a Delaware limited liability company,its authorized signatoryBy:
    /s/ Alan P. KressName:
    Alan P. KressTitle:
    CounselBy:
    /s/ Christopher J. HendersonName:
    Christopher J. HendersonTitle:
    Vice President & Senior
Investment Counsel -16-




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UTi Worldwide Inc.
    
    First Amendment Agreement
 METROPOLITAN LIFE INSURANCE COMAPNYBy:
    /s/ C. Scott InglisName:
    C. Scott InglisTitle:
    Managing DirectorGATEWAY RECOVERY TRUSTBy:
    Principal Investment Management, Inc., as Asset ManagerBy:
    /s/ Signature IllegibleName:Title:
    Vice PresidentPRUDENTIAL RETIREMENT INSURANCE AND
  ANNUITY COMPANYBy:
    Principal Investment Management, Inc., as Asset ManagerBy:
    /s/ Signature IllegibleName:Title:
    Vice PresidentTHE PRUDENTIAL INSURANCE COMPANY OF
  AMERICABy:
    /s/ Signature IllegibleName:Title:
    Vice President -17-




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UTi Worldwide Inc.
    
    First Amendment Agreement
 THE NORTHWESTERN MUTUAL LIFE INSURANCE
  COMPANYBy:
    /s/ Howard SternName:
    Howard SternIts Authorized RepresentativeCONNECTICUT GENERAL LIFE INSURANCE
  COMPANYBy:
    CIGNA Investments, Inc. (authorized agent)By:
    /s/ Leonard MazlishName:
    Leonard MazlishTitle:
    Managing DirectorLIFE INSURANCE COMPANY OF NORTH AMERICABy:
    CIGNA Investments, Inc. (authorized agent)By:
    /s/ Leonard MazlishName:
    Leonard MazlishTitle:
    Managing DirectorGENWORTH LIFE INSURANCE COMPANYBy:
    /s/ Stephen R. DeMottoName:
    Stephen R. DeMottoTitle:
    Investment Officer -18-




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UTi Worldwide Inc.
    
    First Amendment Agreement
 MASSACHUSETTS MUTUAL LIFE
INSURANCE
  COMPANYBy:
    Babson Capital Management LLC as Investment AdviserBy:
    /s/ Mark A. AhmedName:
    Mark A. AhmedTitle:
    Managing DirectorIDS LIFE INSURANCE COMPANYBy:
    /s/ Thomas W. MurphyName:
    Thomas W. MurpheyTitle:
    Vice President  Investments -19-




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UTi Worldwide Inc.
    
    First Amendment Agreement
 NAME OF HOLDER
    
    PRINCIPAL AMOUNTOF OUTSTANDING NOTESHELD AS OF OCTOBER 11, 2006PRINCIPAL
LIFE INSURANCE COMPANY, ON BEHALF OF ONE OR MORE SEPARATE ACCOUNTS
    
    U.S. $19,020,000PRINCIPAL LIFE INSURANCE COMPANY
    
    U.S.$8,100,000RGA REINSURANCE COMPANY
    
    U.S.$4,000,000AVIVA LIFE INSURANCE COMPANY
    
    U.S.$3,000,000AVIVA LIFE INSURANCE COMPANY
    
    U.S.$2,000,000AVIVA LIFE INSURANCE COMPANY
    
    U.S.$1,000,000SCOTTISH RE US  SECURITY LIFE OF DENVER
    
    U.S.$1,880,000VANTISLIFE INSURANCE COMPANY
    
    U.S.$1,000,000METROPOLITAN LIFE INSURANCE COMPANY
    
    U.S.$37,000,000GATEWAY RECOVERY TRUST
    
    U.S.$15,000,000PRUDENTIAL
RETIREMENT INSURANCE AND ANNUITY COMPANY
    
    U.S.$8,650,000THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
    
    U.S.$6,350,000THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
    
    U.S.$30,000,000CONNECTICUT GENERAL LIFE INSURANCE COMPANY
    
    U.S.$7,600,000CONNECTICUT GENERAL LIFE INSURANCE COMPANY
    
    U.S.$4,400,000
 A-1




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NAME OF HOLDER
    
    PRINCIPAL AMOUNTOF OUTSTANDING NOTESHELD AS OF OCTOBER 11, 2006CONNECTICUT GENERAL LIFE INSURANCE COMPANY
    
    U.S.$3,700,000CONNECTICUT GENERAL LIFE INSURANCE COMPANY
    
    U.S.$1,900,000CONNECTICUT GENERAL LIFE INSURANCE COMPANY
    
    U.S.$1,400,000CONNECTICUT GENERAL LIFE INSURANCE COMPANY
    
    U.S.$1,000,000LIFE INSURANCE COMPANY OF NORTH AMERICA
    
    U.S.$10,000,000GENWORTH LIFE INSURANCE COMPANY
    
    U.S.$11,000,000MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
    
    U.S.$10,000,000MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
    
    U.S.$1,000,000IDS LIFE INSURANCE COMPANY
    
    U.S.$11,000,000
 A-2




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##### 



Security or
    
    
    
    
    
    OverdraftOverdraft
    
    
    
    
    
    
    Performance
    
    
    guarantee
    
    
    
    
    
    FacilitiesFacilities
    
    
    Guarantees
    
    
    guarantees
    
    
    supporting the
    
    Local
    
    (Local
    
    
    GuaranteesBorrower
    
    Country
    
    Lender
    
    (USD equiv)
    
    
    (USD equiv)
    
    
    (USD equiv)
    
    
    facility
    
    Currency
    
    Currency)
    
    
    Local currency)UT Worldwide
    
    India
    
    IDBI
    
    
    5,232,105
    
    
    
    97,372
    
    
    
    
    
    
    Secured  Accounts
    
    INR
    
    
    235,000,000
    
    
    
    4,373,447(India) Private
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    ReceivableLimitedSLI Spain  Logistic
    
    Spain
    
    BANCO SANTANDER
    
    
    1,260,000
    
    
    
    
    
    
    
    
    
    
    Secured  Accounts
    
    EURO
    
    
    1,000,000ReceivableUTi Logistics AB
    
    Sweden
    
    Foreningssparbanken
    
    
    662,118
    
    
    
    14,839
    
    
    
    
    
    
    Mortgage Loan
    
    SEK
    
    
    4,890,400
    
    
    
    109,600Total:
    
    
    
    
    
    
    
    
    
    
    7,154,223
    
    
    
    112,211
 SCHEDULE 3(h)(to First Amendment Agreement)