Date : 26^TH February, 2010

To : Our Valuable Customers Who May Concern

From : “K” Line (Hong Kong) Ltd

Subject: Notification for RATE RESTORATION (GRR) for WEST COAST SOUTH AMERICA

and MEXICO ex Hong Kong and South China

As ocean freight rates on the Asia to West Coast South America and Mexico trade corridor have now reached

Levels which are no longer financially viable to carrier and to ensure the long term viability of providing

good and efficient regular weekly service, “K” Line will like to announce the following Rate Restoration

program:

Rate Restoration(GRR) for West Coast South America (wef 01/APR/2010)

20’ USD300

40’ & HC USD600

Rate Restoration(GRR) for Mexico (wef 01/APR/2010)

20’ USD300

40’ & HC USD600

Further increases may be required later in the year and these will be announced with 30 days notice period.

“K” Line remains committed to providing a premium service to clients and taking 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-AAL at Hotline: 2861 5433, Email address: 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