Date : 28^th February, 2011

To : Our Valuable Customers Who May Concern

From : “K” Line (Hong Kong) Ltd

Subject: Revised Bunker Adjustment Factor Surcharge (BAF) for Middle East

/ India / Pakistan / Sri Lanka / Bangladesh

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

Factor (BAF) for shipments to Middle East / India / Pakistan / Sri Lanka / Bangladesh will be adjusted

as below:

MAR BAF (wef 01/03/2011) APR BAF (wef 01/04/2011)

USD273/TEU USD325/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 : (+852) 2861 5433, (+86-755) 8832 2090

Email : hkglcsvaal@szxdc.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