Date : March, 2011

To : Our Valuable Customers Who May Concern

From : “K” Line (Hong Kong) Ltd

Subject: Revised Currency Adjustment Factor (CAF) / Fuel Adjustment Factor (FAF) /

Yen Adjustment Surcharge (YAS) for Intra-Asia & Japan ex Hong Kong & South China

(WEF 1^ST April, 2011)

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

Factor (CAF), Fuel Adjustment Factor (FAF) and the Yen Adjustment Surcharge (YAS) for Intra-Asia & Japan shipments will be adjusted as below:

CURRENCY ADJUSTMENT FACTOR (CAF) – for Intra-Asia Trade only

MAR -CAF (wef 01/03/2011) APR -CAF (wef 01/04/2011)

20’ USD30 USD30

40’ & 40’HQ USD40 USD45

YEN ADJUSTMENT SURCHARGE (YAS) – for Japan Trade only

MAR -YAS (wef 01/03/2011) APR -YAS (wef 01/04/2011)

20’ USD110 USD110

40’ & 40’HQ USD165 USD165

FUEL ADJUSTMENT FACTOR (FAF) – for both Intra-Asia & Japan Trade

MAR -FAF (wef 01/03/2011) APR -FAF (wef 01/04/2011)

20’ USD120 USD140

40’ & 40’HQ USD240 USD280

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 – AAL at Hotline: (+852) 2861 5433, (+86-755) 8832 2090 or 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