Exhibit 99.3 SECURITIES LOAN AGREEMENT This Securities Loan Agreement (this "AGREEMENT") dated as of December 16, 2004 between Wagontrails Investments N.V. ("LENDER") and Bear, Stearns International Limited ("BORROWER") sets forth the terms and...Securities Loan Agreement • December 27th, 2004 • UTi WORLDWIDE INC • Arrangement of transportation of freight & cargo • New York
December 7, 2004 UTi WORLDWIDE INC. 9 Columbus Centre, Pelican Drive Road Town, Tortola British Virgin Islands BEAR, STEARNS & CO. INC. 383 Madison Avenue New York, New York 10179 CREDIT SUISSE FIRST BOSTON LLC Eleven Madison Avenue New York, New York...Underwriting Agreement • December 27th, 2004 • UTi WORLDWIDE INC • Arrangement of transportation of freight & cargo
As an inducement to the Underwriters to execute the Underwriting Agreement (the "UNDERWRITING AGREEMENT"), pursuant to which a public offering (the "PUBLIC OFFERING") will be made by the underwriters named in schedule A thereto (the "UNDERWRITERS") of up to 6,620,000 ordinary shares, no par value per share (the "ORDINARY SHARES"), of UTi Worldwide Inc. (the "COMPANY"), which will be borrowed and sold by Bear, Stearns & Co. Inc. and Credit Suisse First Boston LLC, or their respective affiliates, the undersigned hereby agrees that from the date hereof and until 90 days after the date of the final prospectus supplement (the "SUPPLEMENT") relating to the Public Offering, the undersigned will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any Ordinary Shares or securities convertible into or exchangeable or exercisable for any Ordinary Shares, enter into a transaction which would have the same effect, or enter into any swap, hedge or other arrange
