Date : 31^st March, 2011

To : Our Valuable Customers Who May Concern

From : “K” Line (Hong Kong) Ltd

Re: Bunker Adjustment Factor Surcharge (BAF) for WEST AFRICA (WAX)

wef 1^ST May, 2011

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

Factor Surcharge (BAF) for shipments to West Africa (WAX) ex Hong Kong, Macau & South China will be adjusted as below:

20’ USD1018

40’& 40HC USD2036

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