ARKANSAS BEST CORPORATION Proxy Solicited by the Board of Directors for the Annual Meeting of Shareholders -- May 9, 1995 Donald L. Neal and Richard F. Cooper, jointly and severally, each with the power of substitution and revocation, are hereby authorized to represent the undersigned, with all powers which the undersigned would possess if personally present, to vote all shares the undersigned is entitled to vote at the Annual Meeting of Shareholders of Arkansas Best Corporation to be held at 3801 Old Greenwood Road, Fort Smith, Arkansas 72903, at 9:00 A.M. CDT on Tuesday, May 9, 1995, and at any postponements or adjournments of that meeting, as set forth below, and in their discretion upon any other business that may properly come before the meeting. This proxy will be voted as specified or, if no choice is specified, will be voted FOR the election of the nominees named and FOR each of the other proposals specified herein. ** CONTINUED AND TO BE SIGNED ON REVERSE SIDE ** ARKANSAS BEST CORPORATION PLEASE MARK VOTE IN OVAL IN THE FOLLOWING MANNER USING DARK INK ONLY. [] FOR all nominees, except vote WITHHELD withjeld from FOR all from all the following nominees nominees nominee(s): 1. Nominees: Frank Edelstein . and Robert A. Young III [] [] [] FOR AGAINST ABSTAIN 2. Amendment to Arkansas Best Corporation 1992 Stock Option Plan [] [] [] FOR AGAINST ABSTAIN 3. To ratify the appointment of Ernst & Young LLP as the Company's independent certified public accountants. [] [] [] PLEASE SIGN EXACTLY AS NAME APPEARS HEREON. JOINT OWNERS SHOULD EACH SIGN. WHERE APPLICABLE, INDICATE OFFICIAL POSITION OR REPRESENTATIVE CAPACITY. Date: ___________________________ ___________________________________ SIGNATURE ___________________________________ SIGNATURE PLEASE VOTE, SIGN, DATE, AND RETURN THIS PROXY CARD PROMPTLY USING THE ENCLOSED ENVELOPE.