Date : 20^TH JULY, 2009

To : Our Valuable Customers Who May Concern

From : “K” Line (Hong Kong) Ltd

Re: Revised Bunker Adjustment Factor Surcharge (BAF) for EAST COAST SOUTH AMERICA (AESA) WEF 1^ST AUGUST 2009

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

Factor Surcharge (BAF) for shipments to East Coast South America (AESA) will be adjusted as below:

BAF (wef 1^ST JULY 2009) BAF (wef 1^ST AUG 2009)

20’ USD396 USD504

40’& 40HC USD792 USD1008

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