Date : 17^TH December, 2009

To : Our Valuable Customers Who May Concern

From : “K” Line (Hong Kong) Ltd

Subject: Revised Bunker Adjustment Factor Surcharge (BAF) for RED SEA (Aden / Aqaba / Sokhna / Hodeidah) WEF 1^ST January, 2010

Please be advised that in accordance with the established review procedures, the Bunker Adjustment

Factor (BAF) for shipments to RED SEA (Aden / Aqaba / Sokhna / Hodeidah) will be adjusted as below:

DEC BAF (wef 01/12/2009) JAN BAF (wef 01/01/2010)

USD501/TEU USD553/TEU

We take this opportunity to thank for your valuable support and look forward to having your unchanged

patronage in future. Should you have any further queries, please feel free to contact our Customer Service Team.

Customer Service AAL

Hotline : 2861 5433

Email : hkglcusaal@hk.kline.com

Thanks for your kind attention.

Best Regards.

Yours faithfully,

Sales Administration Team

For and on behalf of “K” Line (Hong Kong) Ltd